KAR Auction Services Collects 6,800 Items for Midwest Food Bank
By: Stephanie Cosby
KAR family of companies competes in third annual Battle of the Floors
CARMEL, Ind., December 11, 2013 – Carmel, Ind.-based KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, collected 6,800 food items and $966 for the Indianapolis branch of Midwest Food Bank as a result of the company’s third annual Battle of the Floors food drive. KAR Auction Services, Inc. CEO Jim Hallett made the announcement.
Battle of the Floors pits all five floors of KAR’s Carmel, Ind. headquarters against one another in a friendly competition to raise money and food for charity. This year’s donations, including hearty, non-perishable food items and money, far surpassed the previous year’s tallies.
“Our team is competitive and ambitious, but also very compassionate and committed to the communities we serve,” said Hallett. “Battle of the Floors channels that drive and deep desire to give back into a powerful, fun and meaningful initiative that makes a big difference for families in our region around the holidays.”
The company chose to benefit the Indianapolis branch of Midwest Food Bank for the second consecutive year. Midwest Food Bank’s mission is to gather large food donations from nationwide corporations like KAR, and distribute these donations to local social service organizations and national disaster sites free of charge.
Battle of the Floors is part of KAR’s ongoing annual corporate giving campaign, which serves a variety of local Indianapolis-area and national organizations.
To download photos from the drive, click the images below:
KAR Auction Services, Inc. is the holding company for ADESA, Inc. (“ADESA”), Insurance Auto Auctions, Inc. (“IAA”) and Automotive Finance Corporation (“AFC”). ADESA is a leading provider of wholesale used vehicle auctions with 65 North American locations and its subsidiary OPENLANE provides a leading Internet automotive auction platform. IAA is a leading salvage vehicle auction company with 164 sites across the United States and Canada. AFC is a leading provider of floorplan financing to independent and franchise used vehicle dealers with 105 sites across the United States and Canada. Together, the Company provides a unique, comprehensive, end-to-end solution for its customers’ remarketing needs.