ServNet auctions continue their tradition of superior performance, receiving accolades from the remarketing community for exemplary service and industry leadership. In assessing auction results for 2018, national remarketers have recognized ServNet auctions in both national and regional standings, with scores based on operations, customer service and retentions.

ServNet Auctions have joined with remarketing partner Flexco Fleet Services in support of The Hourglass Foundation. ServNet's President Eric Autenrieth explains that the group's efforts will center on raising funds for the foundation's scholarship program, which benefits students pursuing their education in mechanical fields at community colleges and technical schools.

Autenrieth reports that ServNet's participation will be two-fold. ServNet auction locations across the U.S. will make cash donations to the scholarship program for every Flexco vehicle sold at auction. In addition, representatives from the local auctions will reach out to area high schools, two-year colleges and trade schools in their communities to make students aware of the scholarship program along with opportunities for workplace experience at the auction.

ServNet has announced the 2019 recipients of the group's scholarship program during its Spring Owners' Meeting, held in April. Now in its fourth year, the scholarship program was established in 2016 as an ongoing initiative to help ServNet auction employees and their families pursue the dream of higher education. The ServNet Scholarship program assists full-time ServNet auction employees, their children, stepchildren and grandchildren who plan to pursue education in college or vocational school programs.

"As the leaders of of family-owned businesses ourselves, we ServNet owners take a deep personal interest in our employees," explained Ryan Clark, owner of Greater Rockford Auto Auction and a member of ServNet's Board of Directors, overseeing the Scholarship Program. "ServNet's scholarship program is a great way for us to encourage the members of our auction families and to help lay the groundwork for the next generation that follows."

Ryan reports that the group awarded a total of $18,000 in scholarships for the 2019-2020 academic year.  The awards will be given in increments of six awards of $2,500 to students attending a four-year college or university, and two awards of $1,500 for students attending a two-year college.