ServNet added new auctions, improved the facilities of several others, and attained an industry honor in 2016, president Kevin Brown told members in a letter recapping the year.
ServNet acquired four new auctions, including the Greenville Auto Auction in North Carolina; North Bay Auto Auction in Fairfield, Calif.; Louisiana’s First Choice Auto Auction in Hammond; and the Houston Auto Auction.
Other accomplishments include the improvement of auctions already part of the ServNet family. BCS America moved to a new 175-acre campus with a 10-lane auction building and an on-site mechanical shop, body shop and recon center. KCI Kansas City undertook its third expansion in under 10 years, which added 20 acres of asphalt to accommodate the 30% increase in sales volume from 2015, as well as six other ServNet auction sites that experienced significant growth.
Additionally, the company was inducted to the National Auto Auction Association’s 2016 Hall of Fame Award.
The company expects to continue on this path. Brown says he looks forward to the probable growth for 2017 in dealer vehicles, institutional consignments, and lease returns.