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Wednesday April 13

Copart Acquires Facility in Lexington, Kentucky

Copart, Inc. has acquired a 25-acre salvage facility in Lexington, Kentucky. The addition of the Kentucky facility will complement Copart's existing presence in the state of Kentucky, which is currently serviced by its Lawrenceburg facility.

"This facility will enable us to accommodate the growth we are experiencing in this region," stated Willis J. Johnson Copart's Chief Executive Officer. "Copart will continue to drive growth both organically and through acquisitions."

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. The company operates 111 facilities in the United States and Canada.

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