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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