SAN ANTONIO, Jan. 9, 2018 /PRNewswire/ -- Copart, Inc.
(NASDAQ: CPRT), a global online vehicle auction company, is
announcing the purchase of the former Safe Tire Disposal Corp.
facility at 11150 Applewhite Road, along with its intention to
clear the 36-acre property of abandoned tires, alleviating the
threat of fire and mosquito-borne diseases to San Antonio residents.
"Our new San Antonio property
acquisition is a win-win for Copart and for the state of
Texas," said Copart CEO
Jay Adair. "Copart is pleased to be
part of the solution to the tire disposal site. This is not just
good business for Copart, it's also good environmental stewardship.
It's the right thing to do."
Copart currently operates a San
Antonio auction location at the neighboring 11130 Applewhite
Road. It plans to expand its vehicle storage and auction operations
onto the new site once the remaining tires are cleared.
"Copart's commitment to clearing and repurposing the Applewhite
Road site dramatically reduces the risk of fire and disease to the
Southside," said Texas
Representative Tomas Uresti. "For
years, the Safe Tire site has been a dangerous area despite
enforcement actions from TCEQ and the Texas Attorney General. I'm pleased that all
our hard work, especially the years of work by Senator Carlos Uresti, is finally resulting in removing
this blight from our area. San
Antonio applauds Copart's environmental stewardship and
sound business principles."
In 2014, the Texas Commission
on Environmental Quality conducted an investigation following
complaints from area residents regarding mosquitos coming from the
tire site. The state investigation confirmed the complaints and
showed that over one million tires are stored at the site. Those
conditions have persisted despite enforcement actions.
"The Texas Commission on
Environmental Quality looks forward to partnering with Copart to
remediate the tires at the former Safe Tire site in San Antonio," said Richard Hyde, the executive director of the
Texas Commission on Environmental
Quality. "The TCEQ, elected officials and local residents have
worked to find solutions to the problem and welcome Copart as a
good steward of our environment."
ABOUT COPART
Copart, Inc., founded in 1982, is a global leader in online
vehicle auctions. Copart's innovative technology and online auction
platform links sellers to more than 750,000 Members in over 170
countries. The company offers services to process and sell salvage
and clean title vehicles to dealers, dismantlers, rebuilders,
exporters and in some cases, to end users. Copart sells vehicles on
behalf of insurance companies, banks, finance companies, charities,
fleet operators and dealers, and also sells vehicles sourced from
individual owners. With operations at over 200 locations in 11
countries, Copart has more than 125,000 vehicles available online
every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the
Republic of Ireland (Copart.ie),
Brazil (Copart.com.br),
Germany (Copart.de), the
United Arab Emirates, Oman and Bahrain (Copartmea.com), India (Copart.in) and Spain (Copart.es). For more information, or to
become a Member, visit Copart.com/Register. Join the
conversation and follow Copart on Facebook.
Contact:
Michelle Hoffman, Vice President
of Marketing, Copart
Michelle.Hoffman@Copart.com | (972) 391-5082
Kaci Schack, Senior Marketing
Manager, Copart
Kaci.Schack@Copart.com | (972) 391-5218
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SOURCE Copart, Inc.