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.
Copyright Business Wire 2014