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Letter to the Editor
Tuesday February 5
Copart Announces Facility Expansions
BENICIA, Calif. -- Copart, Inc. has announced that it has recently relocated and expanded its Detroit and Minneapolis facilities.
During January, Copart's Minneapolis and Detroit salvage locations moved to larger facilities to accommodate recent market share gains. In Minneapolis, Copart moved from a 10-acre site to a new 28-acre site in the community of Ham Lake, 20 miles north of downtown Minneapolis. In Detroit, Copart moved from a 30-acre site to a new 77-acre site in the community of Woodhaven, 15 miles south of the Detroit airport. Copart's original Detroit location was both a 30-acre salvage auction and a 13-acre Motors Auction Group (MAG) public auction.
"We moved the Detroit and Minneapolis facilities to accommodate our growth and meet the needs of our suppliers and buyers," said Willis J. Johnson, Copart's Chief Executive Officer. "We've made important gains in these markets thanks to our competitive products and services. In addition, at each of these sites we have developed office space and inspection sites for our suppliers. I'm also pleased that our MAG public auction in Detroit will have room to keep growing with their expanded 43-acre site."
Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed vehicle dismantlers, rebuilders, repair licensees and used vehicle dealers. Copart operates 88 facilities in 39 states. It also provides services in other locations through its national network of independent salvage vehicle processors.
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