KAR Opens U.S. Headquarters for TradeRev Business Unit in New Downtown Indianapolis Location

Invests $3.75M in Location with Rich Automotive History, Will Create 200 Jobs by 2023

FOR IMMEDIATE RELEASE (INDIANAPOLIS) August 28, 2019 – KAR Auction Services Inc (NYSE: KAR) announced it is investing $3.75 million in downtown Indianapolis to house the new, expanded U.S. headquarters and tech center of the company’s TradeRev business unit. The company will occupy a 45,000-square-foot space in the Century building, former home of C.H. Black Manufacturing, credited with building the first automobile in Indiana in 1891. The new investment will create 200 additional, high-paying jobs by 2023.

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