IAA Expands East Coast Capacity With New Branches

IAA Inc IAA announces breaking ground on two new branches in Maryland and New York and expanding in the Long Island, NY area.
IAA Elkton (MD) will become the fifth branch in Maryland. IAA Monticello (NY) will support the Hudson Valley market as IAA's seventh branch in the state.
Additionally, the Long Island expansion will strategically improve IAA's ability to serve the needs of the catastrophe-prone East Coast.
Price Action: IAA shares are trading higher by 0.47% at $53.10 on the last check Tuesday.

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