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Copart Announces Expansion of China Grove, North Carolina Location

CPRT | November 17, 2016

PR Newswire

DALLAS, Nov. 17, 2016

DALLAS, Nov. 17, 2016 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is proud to announce the expansion of its location in China Grove, North Carolina, just outside of Charlotte.

"We are pleased to add additional acreage to our China Grove location," said Jay Adair, CEO of Copart. "Our recent expansions, specifically in response to Hurricane Matthew, are a testament to the commitment and investment we're willing to make to accommodate our buyers and sellers."

In addition to China Grove, Copart also has North Carolina locations in Raleigh and Mebane. Copart is a leading online vehicle remarketer. Inventory is not limited to vehicles, but also includes a wide collection of boats, RVs, ATVs, motorcycles and more.

Copart's patented VB3 technology links sellers to more than 750,000 Members across the globe through Copart's multi-channel online platform. Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Similarly, Copart's Mobile App provides Members with an easy way to stay connected with multiple live online auctions and allows Members to place bids and view vehicles.

Copart proudly support local communities by joining the local Chambers of Commerce. Copart Raleigh recently hosted an Appreciation Day and Open House Event with the Ewin Chamber of Commerce.

Additionally, Copart practices good corporate citizenship. As a proud community partner, Copart offers law enforcement, fire departments and similar government agencies a safe training environment. Copart locations are also used by agencies as a controlled environment to train K-9s to track narcotics and explosive devices. Agencies are encouraged to contact their local Copart location to learn more about conducting training at Copart.

In addition to supporting local agencies, Copart supports numerous local, regional and national charities. To learn more about Copart in your community and nationwide, please visit TeamCopart.com.

About Copart
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States (www.copart.com), Canada (www.copart.ca), the United Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates, Bahrain, and the Sultanate of Oman (www.copartmea.com), Spain (www.copart.es), the Republic of Ireland (www.copart.ie), and India (www.copart.in). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com. 