Friday, February 27, 2009

Copart opens new S.C. operation on brownfield site

Copart opens new S.C. operation on brownfield site
San Francisco Business Times - by Albert C. Pacciorini
February 27, 2009

Auto salvage giant Copart Inc. has opened a new operation in Greer, S.C., its second in that state and its 147th site worldwide.

Marla J. Pugh, Copart communications manager, said the 22-acre brownfeld site will serve the northwest corner of the state, decreasing cycle times and reducing storage and fuel costs for customers.

Copart (NASDAQ: CPRT) CEO and founder Willis J. Johnson said “This new facility allows us to be closer to our customers in another part of South Carolina and expands our national footprint.”

The Fairfield company, which was founded in 1982, acts as a middleman, auctioning vehicles for the public and business for parts and reuse to dismantlers, rebuilders, used vehicle dealers and exporters through daily online auctions.

It had 2008 revenue of $784.8 million and employs about 3,000.