FOR IMMEDIATE RELEASE
Hilliard, Ohio – April 12, 2010:With the goal of providing customers with a total product line offering, Advanced Drainage Systems, Inc. (ADS) announced today it has acquired Piedmont Concrete (Pineville, NC), a manufacturer of pre-cast sanitary and storm water structures. This latest acquisition follows the April 2010 purchase of the Foltz Concrete Pipe Company of Winston-Salem, NC. Piedmont Concrete, founded in 2006, provides pre-cast concrete structures to underground utility contractors in both the public and private markets from its plant near Charlotte, NC.
"This is another progressive step in our desire to be a full service supplier to the underground utility market," stated Joe Chlapaty, Chairman and Chief Executive Officer of ADS. "Having the capability to deliver all the components such as corrugated HDPE pipe, RCP, fittings, concrete structures, Water Quality Units, Nyloplast® and StormTech® is a huge benefit to the contractor. That is why we continue to look for companies with an excellent reputation and superior, innovative products such as Piedmont."
The addition of concrete structures to the ADS product line will also be supported by the ADS engineers and sales staff who work with customers to design the most effective and efficient systems.
"We are proud to deliver quality structures to our customers that meet their exacting needs on a timely basis," said Chris Pool, founder of Piedmont Concrete. "ADS will enable Piedmont to expand this capability."
ADS is the world's largest producer of corrugated HDPE pipe. Founded in 1966, it serves the storm and waste water industry through a global network of manufacturing plants and distribution centers.
For additional information call ADS at (800) 821-6710, go to www.ads-pipe.com or contact any local ADS office.
Advanced Drainage Systems, Inc. (ADS) is the world's largest producer of corrugated HDPE pipe. Founded in 1966, it serves the storm and waste water industry through a global network of 49 domestic and international manufacturing plants and more than 22 distribution centers. In addition to its flagship N-12 pipe, the company offers a complete line of fittings and other accessories including StormTech storm water chambers, Nyloplast® drainage structures, BaySaver Technologies® storm water treatment units, FLEXSTORM™ Inlet Filters and various geotextiles.
For more information, please contact:
Ms. Tori L. Durliat
ADVANCED DRAINAGE SYSTEMS, INC.
Director of Marketing
401 Olive Street, Findlay, Ohio 45840