Advanced Drainage Systems to build New Florida Manufacturing Facility
02 Novembre 2023 - 11:45AM
Business Wire
State-of-the-art manufacturing plant for
products that manage and protect water in Florida and the
Southeastern U.S.
Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the
“Company”), a leading provider of innovative water management
solutions in the stormwater and onsite septic wastewater
industries, today announced it will build a new, state-of-the-art
pipe manufacturing facility in Lake Wales, FL.
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Generalized rendering of Lake Wales
facility.(Photo: Business Wire)
Breaking ground in 2024 on a 100-acre site, this plant will add
to the company’s existing manufacturing presence in Florida. The
facility is designed with the future workforce in mind, promoting
safety, efficient flow of materials and traffic, and incorporating
the Company’s most advanced automation technologies for the
manufacturing of corrugated thermoplastic pipe. The site in central
Florida is approximately 60 miles south of Orlando and will
complement ADS’ current manufacturing facilities in Sebring and
Winter Garden. Both facilities will continue to operate, servicing
customer demand for stormwater products required for projects
throughout Florida and the Southeastern United States.
“This advanced manufacturing facility is an important investment
in a key region for ADS,” said Scott Barbour, ADS President and
Chief Executive Officer. “We have experienced significant growth in
Florida and the Southeast in recent years, and this facility will
help us meet our commitments in the region while giving us the
flexibility to expand further as we continue to grow. ADS is
committed to protecting water and supporting communities where we
operate, and we are looking forward to further partnership with the
City of Lake Wales and area residents.”
“Lake Wales is delighted to partner with ADS to bring this new,
innovative facility to our community,” said James Slaton, Lake
Wales city manager. “We believe this facility will bring
opportunity, responsible business growth and prosperity to our
region.”
“ADS products protect and manage water, the world’s most
precious resource, safeguarding the environment and communities,”
Barbour said. “Large-scale stormwater-related natural disasters are
occurring more frequently and with higher intensity. These events
underpin the need for innovative stormwater management solutions
that meet the challenges we face today. Water is a precious and
finite resource we must protect, and this facility will enable us
to continue to do so.”
ADS remained committed to working with the Lake Wales community
throughout the purchase process, hosting a town hall and enacting a
commitment to the Lake Wales community, creating great jobs,
protecting the surrounding environment, and improving the quality
of life for residents. More information regarding this promise, as
well as project updates, can be found at
www.adspipe.com/lake-wales.
About Advanced Drainage Systems
Advanced Drainage Systems is a leading manufacturer of
innovative stormwater and onsite septic wastewater solutions that
manages the world’s most precious resource: water. ADS and its
subsidiary, Infiltrator Water Technologies, provide superior
stormwater drainage and onsite septic wastewater products used in a
wide variety of markets and applications including commercial,
residential, infrastructure and agriculture, while delivering
unparalleled customer service. ADS manages the industry’s largest
company-owned fleet, an expansive sales team, and a vast
manufacturing network of approximately 70 manufacturing plants and
40 distribution centers. The company is one of the largest plastic
recycling companies in North America, ensuring over half a billion
pounds of plastic is kept out of landfills every year. Founded in
1966, ADS’ water management solutions are designed to last for
decades. To learn more, visit the company’s website at
www.adspipe.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231102462159/en/
Investor Contact: Michael Higgins VP, Corporate Strategy
& Investor Relations Advanced Drainage Systems, Inc. Phone:
614-658-0050 Michael.Higgins@adspipe.com
Media Contact: Brian King EVP Product Management and
Marketing Advanced Drainage Systems, Inc. Phone: 614-404-8065
Brian.King@adspipe.com
Advanced Drainage Systems (NYSE:WMS)
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