Insurance Auto Auctions Acquires Mountain States Salvage Pool
Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services, acquired Mountain States Salvage Pool of Ogden, Utah.
Situated just north of Salt Lake City, the 22-acre facility represents the company’s first location in the state of Utah. The acquisition also signals IAA’s cost effective entry into a new market, as no other company branches currently exist within a 300-mile radius of the new facility.
“The acquisition of Mountain States Salvage Pool offers us a unique opportunity to expand in an area in which we have not had a presence historically,” said Tom O’Brien, CEO of IAA. “We believe the acquisition was a cost effective way to enter this new market, as their current relationships give us a strong foundation upon which we can build. We look forward to expanding our presence in the area in the quarters ahead.”
- BASF Warns Iran War Could Trigger Supply Chain Disruption for Carmakers
- Revlon Fails to Ensure Some Products Are Safe, FDA Warns
- Roblox Wants Deluge of Child Sex Abuse Cases Moved Out of Court
- IBM, AT&T Accused by Whistleblower of Covering Up Foreign Hacks
- ‘Big Tobacco’ Moment for Cannabis: What Insurers Need to Know About Murray v. Cresco
- Jefferies Sued by Fund Investors Alleging Water Firm Fraud
- Why Toyota RAV4s Are Suddenly the Most Coveted Used Cars in America
- Insurance Attorneys Flip $1M Hail Claim into Nearly $2M Suit for Contractor Interference