Dallas Obtains New Independent Salvage Auction Facility

July 16, 2004

Three salvage auction veterans in the Central U.S. have joined forces to open a new state-of-the-art facility in Dallas County, Texas.

Kenneth Rickli and partner Hardy Rawls own and operate Bayou City Auction Pool in Houston, as well as Alamo City Auction Pool in San Antonio. Joining them in this new venture is Carroll Estes, owner of CTSP Auto Auction in Temple, Texas, and outgoing president of the American Salvage Pool Association.

The new company, DCAP, is situated in southeastern Dallas County in Wilmer.

“We are very pleased to have acquired this particular property for our operations because of its strategic location on I-45, and because of its size. At 75 acres, this site provides adequate space for the type of physical facility we are planning, along with the area we will need for vehicle storage,” Estes said.

“We believe strongly that both the claims community and buyer base in every market deserve the option of an independent salvage auction, and benefit from the competitive atmosphere that we create,” Rickli added. “The Metroplex, in our opinion, has been underserved for some time, and we are looking forward to raising the service standard in this market, as we have in the others that we serve.”

The trio expects to break ground on the new facility shortly, and plans to be in full operation by mid- to late-August, working out of temporary offices while the new building is under construction.

When complete, the 32,000-square-foot building will house the new company, offer onsite claims offices for clients, allow for indoor vehicle inspection, and provide an indoor drive-through auction area.

Andy Schneider, who has been with Rickli and Rawls for five years, will manage the day-to-day operations of the facility. Schneider helped construct and operate the Alamo City facility and has served as the Bayou City manager for the past year.

For more company information, visit www.dcapauction.com .

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