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Copart (CPRT) Expanding China Grove Location in North Carolina

Copart, Inc. (NASDAQ: CPRT), a premier destination for quality vehicles, has announced the expansion of its China Grove location in North Carolina. Located on 1081 Recovery Road, this expansion will allow for additional land to store more inventory. The company’s inventory currently boasts a wide selection of cars, trucks, motorcycles, RVs, and ATVs, among other products. This particular location already offers an auction at 10 a.m. every Monday and encourages the general public to visit between 8 a.m. and 5 p.m., Monday to Friday.

Being part of the North Carolina community for more than 18 years, Copart is proud to be expanding in the area. In a recent news release, Jay Adair, CEO of Copart stated, “We are proud of our team’s dedication to providing an unmatched experience for our Members as we expand this location.” He continued, “This expansion provides additional land and accommodations for more inventory.”

The company has a location at 310 Copart Road, Dunn, NC, and another at 1870 U.S. Highway. Both of these offer online auctions and specific days when members can preview inventory. Thanks to its multi-channel platform, Copart connects over 750,000 members to sellers. Each member can take part in multiple online auctions from the comforts of their phones, computers, tablets, or other mobile devices. From this platform, members can view vehicles and place bids. The company uses its patented VB3 technology to keep members connected.

Copart also focuses its efforts on giving back to the community. Copart recently sponsored the 72nd Annual Automotive Recyclers Association Convention in Charlotte and raised $8,500. Copart offers training to local law enforcement, fire departments, and other agencies at the China Grove location, among others. The company also supports a number of charities across the country.

About Copart:

Copart is a provider of online vehicle auction and remarketing services. Founded in 1982, the company provides vehicles sellers with services that enable them to sell online. The sellers at Copart auctions are generally insurance companies, banks, financial institutions, charities, and more. Buyers include dealers, dismantlers, rebuilders, exporters, and the general public. Copart offers its services in the United States, Canada, the United Kingdom, Germany, Brazil, Spain, the Republic of Ireland, India, and the United Arab Emirates. Copart has been on the Forbes “America’s Best Small Companies” list nine years in a row and was ranked at the top of Deloitte’s “Exceptional 100” list of companies.

For more information, visit www.copart.com

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