Profile: Advanced Drainage Systems Inc (WMS.N)
17 Jan 2017
Advanced Drainage Systems, Inc., incorporated on October 31, 1966, is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South America, and Europe. The Company operates through two segments: Domestic and International. Its product line includes corrugated high density polyethylene (HDPE) pipe, polypropylene (PP) pipe and related water management products. Its products are used across a range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications. The Company also offers various products categorized into storm and septic chambers, polyvinyl chloride (PVC) drainage structures, fittings and filters, and water quality filters and separators.
The Company's N-12 pipe is a dual wall HDPE pipe with a corrugated exterior. Its ADS-3000 Triple Wall pipe, small diameter triple wall corrugated pipe, consists of a corrugated polyethylene core molded between a smooth white outer wall and a smooth black inner wall. It also manufactures smoothwall HDPE pipe in approximately three inch, four inch and six inch diameters that are sold into the residential drainage and on-site septic systems markets. It produces a range of additional water management products that are complementary to its pipe products (Allied Products). Its Allied Products offer adjacent technologies to its core pipe offering, presenting a complete drainage solution for its clients and customers.
The Company's StormTech chambers are used for stormwater retention, detention and first flush underground water storage on non-residential site development and public projects. Its ARC and BioDiffuser products are chambers that are used in on-site septic systems for residential and small volume non-residential wastewater treatment and disposal. Its Nyloplast PVC drainage structures are used in non-residential, residential and municipal site development, road and highway construction, as well as landscaping, recreational, industrial and mechanical applications. The product family includes inline drains, drain basins, curb inlets and water control structures, which move surface-collected stormwater vertically down to pipe conveyance systems.
The Company's Inserta Tee product line consists of a PVC hub, rubber sleeve and stainless steel band. It produces fittings and couplings utilizing blow molding, injection molding and custom fabrication on its pipe products. Its BaySaver product line targets the removal of sediment, debris, oils and suspended solids throughout a stormwater rain event by separating and/or filtering unwanted pollutants. The Company purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control and sub-surface drainage.
The Company's Domestic segment manufactures and markets products throughout the United States. The Company maintains and serves these markets through product distribution relationships with various national and independent waterworks distributors, national retailers, as well as a network of small to medium-sized distributors across the United States. It also sells through a range of buying groups and cooperatives in the United States. Its products include single wall pipe, N-12 HDPE pipe sold into the Storm sewer and Infrastructure markets, High Performance PP pipe sold into the Storm sewer and sanitary sewer markets, and its line of Allied Products, including StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, BaySaver filters and water quality structures, Fittings and FleXstorm.
The Company's International segment manufactures and markets products in certain regions outside of the United States, with a focus on its owned facilities in Canada and through its joint-ventures with local partners in Mexico, Central America and South America. It also has local and regional access to various markets, such as Brazil, Chile, Argentina, Peru and Colombia. The Company's International product line includes single wall pipe, N-12 HDPE pipe and High Performance PP pipe. The Canadian market also sells its line of Allied Products, while sales in Latin America are focused in fittings and Nyloplast.
The Company competes with Cemex, Hanson, Oldcastle CRH Precast, Contech Engineered Solutions, Lane Enterprises, Pacific Corrugated, Southeast Culvert, JM Eagle, Diamond Plastics, North American Pipe and Prinsco.
Advanced Drainage Systems Inc
4640 Trueman Blvd
HILLIARD OH 43026-2438
Company Web Links
- BRIEF-Advanced Drainage Systems posts Q2 adj. earnings $0.35/shr
- BRIEF-Advanced Drainage Systems to restate prior period financial statements
- BRIEF-Advanced Drainage files for a non-timely 10-Q
- BRIEF-Advanced Drainage Systems Q1 adjusted non-GAAP earnings per share $0.37
- BRIEF-Advanced Drainage Systems provides update on timing for filing 10-K