HILLIARD, Ohio – (September 22, 2014) – Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS"), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, has opened a stocking/distribution yard in Alviso, California. The Silicon Valley facility is the third ADS location in Northern California, joining a supply yard in Benicia and a manufacturing plant in Madera, increasing the local supply of the company's products used in storm water and sanitary sewer management projects.
"The Northern California market has seen continual infrastructure development to meet the needs of the region's growing technology sector," said Bob Klein, Executive Vice President, Customer Relations at ADS. "This new facility is a continuation of our longstanding commitment to having a presence in markets that support our customer's water management needs."
ADS products are used for a wide range of water management systems that support athletic facilities, commercial and residential real estate complexes, airports, highways and more. The company's more than 3,800 employees support a network of 58 manufacturing locations and 29 stocking service yards in strategic locations across the globe.
About Advanced Drainage Systems, Inc.:
Advanced Drainage Systems, Inc., (NYSE: WMS) (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 58 domestic and international manufacturing plants and 29 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 other 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.
Forward Looking Statements
Certain statements in this press release may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the initial public offering. These statements are not historical facts but rather are based on the Company's current expectations, estimates and projections regarding the Company's business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company's filings with the Securities and Exchange Commission.
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