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Five Manheim Auctions to Open New Facilities

October 9, 2000

With the acquisition of ADT Automotive now complete, Manheim Auctions is expanding auction facilities throughout its system, according to Dennis Berry, president and CEO.

"This year, for the fourth year in a row, Manheim Auctions is spending more than $100 million to expand and remodel our auction facilities and to build new ones," Berry said. "Dealers in every market in the country are continuing to turn to auctions for their used car inventories, and we want to provide the kinds of facilities that make their jobs as easy and enjoyable as possible."

Manheim is increasing auction capacity in the following markets:

Newburgh, New York

Newburgh Auto Auction will dramatically expand its facility, moving from the old 28-acre site to a new, 149-acre location.

The new auction building will have 14 auction lanes, up from eight lanes in the old facility. It will have the capacity to store 7,500 vehicles on site, up from the 2,800-vehicle capacity at the old location, according to General Manager Tim Janego.

Dallas, Texas

The new Dallas/Fort Worth Auto Auction is preparing to hold its grand opening ceremony in early 2001, according to General Manager Frank Post. The 111-acre facility will double the sales capacity at the auction, making it possible to run 2,500 to 3,000 vehicles per sale, up from 1,200 vehicles per sale at the old facility.

The new DFW will boast a reconditioning facility with four lanes for detailing and four lanes for body work. The new, 12-lane auction building will cover 63,000 square feet, and there will be a separate, 7,200-square-foot check-in/registration building nearby.

Fredericksburg, Virginia

In the spring of 2001, the Fredericksburg Auto Auction will move from its current 40-acre site to a new 14-lane, 260-acre facility.

The new facility will include a 55,000-square-foot main building that will house check-in and check-out, offices and a cafeteria with a seating capacity of 265. A 75,000-square-foot reconditioning/detail shop will include the most advanced paint booths available. The site will also include an eight-acre parking area and 1,400 dealer parking spaces, according to General Manager Ken Phillips.

Las Vegas, Nevada

The Greater Las Vegas Auto Auction will be expanding its capacity with the construction of a new facility due to open in January 2001. With this expansion, General Manager Greg Lawson says the auction will be able to more than double its current business.

The Las Vegas auction will be moving from its current 10-acre facility to a new site of 42 acres. The new facility will feature six lanes and a reconditioning area. The dealer parking area will expand from a 1/4-acre lot to four acres.

Detroit, Michigan

Detroit Auto Auction is one of the 20 auctions formerly owned by ADT Automotive that were acquired by Manheim Auctions in the transaction which was completed October 6. In September, the Detroit Auto Auction broke ground on its new facility, which is located in Ash Township, eight miles from Detroit International Airport, with a grand opening scheduled for summer 2001.

The new facility will be a 200-acre, 12-lane site that will double the capacity of the old location. It features a 71,000-square-foot office building; a 60,000-square-foot, 10-lane reconditioning/detail shop; and a 49,000-square-foot paint and body shop with three state-of-the-art paint booths. "We're looking forward to building a new facility that will meet the highest standards in our industry," said General Manager Jim Elliott. It is scheduled to be completed in June 2001.

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