Copart Opens 100th Location in Ft. Pierce, Florida.Business Editors/Automotive Writers BENICIA, Calif.--(BUSINESS WIRE)--Dec. 10, 2002 Copart, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 opened its 100th US auction facility, located in Ft. Pierce, Florida. With the addition of this 54-acre greenfield facility Copart now has 100 locations in 40 states, with six locations in Florida. "The new Ft. Pierce location is in the northern section of the city near the airport and Interstate 95," said Willis J. Johnson, Copart's Chief Executive Officer. "The new facility will allow us to better serve our suppliers in central eastern Florida. Previously this area was served by our West Palm Beach and Orlando facilities, which are over two hours away during commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment. hours." Since August 2002, Copart has added six locations including two MAG (MAGnetic) A common abbreviation for magnetic. For example, "mag tape" means magnetic tape. 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 four 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 and Ft. Pierce, FL. 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 100 facilities in 40 states. It also provides services in other locations through its national network of independent salvage vehicle processors. |
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