Benzinga | Aug 18, 2021 02:43PM EDT

IAA Breaks Ground On Two New Branches

* IAA Inc (NYSE:IAA) has broken ground on constructing two new state-of-the-art branches in Minnesota and Indiana.

* IAA Minneapolis South (MN) will become the second in Minnesota and provide significant inventory storage and updated facilities to serve the increasing needs of the Twin Cities area.

* IAA Indianapolis South (IN) will provide the same added support to the Indianapolis market as the third branch in Indiana.

* Price Action: IAA shares are trading lower by 0.40% at $51.85 on the last check Wednesday.