Little Rock, Ark. Gets IIAI Greenfield Facility

February 11, 2003

Insurance Auto Auctions Inc. , a leading provider of automotive salvage and claims processing services in the U. S., opened a greenfield facility in Scott, Arkansas. This new 20-acre facility located in the Little Rock metropolitan area is the company’s first location in Arkansas.

It features an indoor warehouse that will facilitate indoor Run & DriveĀ® auctions and will be used as a vehicle inspection center by insurance company personnel. The facility will increase Insurance Auto Auctions’ presence in the South Central region of the U.S. and will complement IAA’s current facilities located in Missouri, Louisiana and northeastern Texas.

Since January 1, 2003, IAA has added four new facilities: Little Rock, two facilities acquired in New York and a greenfield in Dothan, Ala.

“We continue to look for specific geographic opportunities where IAA can expand its reach to new or underserved customers,” said Tom O’Brien, CEO of Insurance Auto Auctions, which is based in Illinois. “The Little Rock facility significantly improves our ability to service customers in the state of Arkansas and further expands our coverage in the southern United States. Going forward, we expect to continue strategically expanding our regional and national coverage through acquisitions and the introduction of new greenfield facilities.”

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