Copart adds fifth facility in georgia

Fairfield, calif.--(business wire)--copart, inc. (nasdaq: cprt), a leading live online vehicle auction, today announced the opening of its new south atlanta facility in ellenwood, georgia. this latest addition to copart’s footprint marks the company’s fifth facility in georgia and the 154th facility world-wide. copart president vincent w. mitz said the 77-acre site will improve copart’s service in the greater atlanta metropolitan area. “atlanta is a major market, and our new south atlanta facility in ellenwood provides additional capacity to more efficiently cover the region as demand for our services grows,” said mitz. 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 utilizing its patented vb2 technology. copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as cars sourced from the general public. the company currently operates 154 facilities in the united states, canada and the united kingdom. salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. for more information, or to become a member, visit www.copart.com. forward looking statements: this press release contains forward-looking statements within the meaning of federal securities laws, and these forward-looking statements are subject to substantial risks and uncertainties. these forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. for a more complete discussion of the risks that could affect our business, please review the “management's discussion and analysis” and the other risks identified in copart’s latest annual report on form 10-k, quarterly reports on form 10-q, and current reports on form 8-k, as filed with the securities and exchange commission. we encourage investors to review these disclosures carefully. we do not undertake to update any forward-looking statement that may be made from time to time on our behalf.
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