INSURANCE AUTO AUCTIONS EXPANDS

Insurance Auto Auctions Inc., a Schaumberg, Ill-based auto salvage and claims processing service provider, announced the opening of a new greenfield facility in Longview, Texas. The new facility, IAA’s seventh in Texas, will serve eastern Texas and western Louisiana, including Shreveport, Bosier City, and Monroe. IAA has also recently acquired a facility in Austin. The Longview greenfield will minimize towing expenses, and enable IAA to expand market share in East Texas. CEO Tom O’Brien explained, “The expansion in Texas through our new Longview facility will allow us to service Eastern Texas vehicles more cost effectively while expanding existing client commitments to increase unit volume in that part of the state.”