FOR IMMEDIATE RELEASE
HILLIARD, Ohio - March 12, 2012 – Advanced Drainage Systems, Inc. (ADS) announced today that it has purchased the high-density polyethylene (HDPE) corrugated pipe assets of Quality Culvert, Inc. These production assets will be strategically relocated to various ADS manufacturing facilities. The purchase does not include any of Quality's concrete pipe or structures assets.
The purchase of these assets will enable ADS to meet continued growth in sales. During 2011 ADS opened new manufacturing facilities in Hampton, Iowa and Buxton, North Dakota. In April 2012, ADS will open an additional production facility in Clifford, Michigan.
Advanced Drainage Systems, Inc. is the world’s largest producer of corrugated HDPE pipe. Founded in 1966, it serves the storm and waste water industry through a network of 54 domestic and international manufacturing plants and 24 distribution centers. In addition to its flagship N-12® pipe, and HP Sanitary and Storm pipe, the company offers a complete line of fittings and accessories including StormTech® storm water chambers, Nyloplast® drainage structures, INSERTA TEE®, storm water treatment units and various geotextiles. To learn more about ADS, visit www.ads-pipe.com.
For more information, please contact:
Ms. Tori L. Durliat
Director of Marketing
ADVANCED DRAINAGE SYSTEMS, INC.
401 Olive Street, Findlay, Ohio 45840