Copart Acquires Facility in Eugene, Oregon.Business Editors FAIRFIELD, Calif.--(BUSINESS WIRE)--Sept. 8, 2003 Copart, Inc. (Nasdaq:CPRT CPRT Copart Inc. (stock symbol) CPRT Citizens for Personal Rapid Transit CPRT Client Perceived Response Time CPRT Coprocessor Register Transfer CPRT Cancer Prevention Research Trust CPRT Classic Professional Racquetball Tour ) today announced that it has acquired a salvage facility in Eugene, Oregon The city of Eugene is the county seat of Lane County, Oregon, United States. It is located at the south end of the Willamette Valley, at the confluence of the McKenzie and Willamette rivers, about 60 miles (100 km) east of the Oregon Coast. . With the addition of this 19-acre location Copart now has 104 locations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "The Eugene facility will help reduce towing costs and relieve capacity issues at our Portland location," said Willis J. Johnson, Copart's Chief Executive Officer. "Our Portland facility sent trucks as far south as the California border to pick up vehicles, which is over 250 miles away. We will now service this area out of Eugene." Since August 2002, Copart has added eleven locations including two MAG sites in West Mifflin West Mifflin, borough (1990 pop. 23,644), Allegheny co., SW Pa., a suburb SE of Pittsburgh, on the Monongahela River. There are steelworks and a household appliances plant in West Mifflin. , PA and Richmond, VA and nine Copart salvage sites in Reno, NV; Springfield, MO; Corpus Christi Corpus Christi, in Christianity Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday). , TX; Ft. Pierce, FL; Rancho Cucamonga Rancho Cucamonga (răn`chō k  'kəmäng`gə), city (1990 pop. 101,409), San Bernardino co., S Calif. , CA; Richmond, VA; Albany, NY; Eugene, OR and Toronto, Canada. Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed vehicle dismantlers, rebuilders, repair licensees and used vehicle dealers. 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. The Company operates 104 facilities in North America. It also provides services in other locations through its national network of independent salvage vehicle processors. |
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