Advanced Drainage Systems

Advanced Drainage Systems (ADS) acquired Jet Polymer Recycling, a privately-owned recycling company with three locations in Alabama and Georgia, to expand its recycling capabilities and secure high-quality recycled plastic.

Advanced Drainage Systems, Inc. announced the acquisition of Infiltrator Water Technologies for about $1.08 billion from an affiliate of the Ontario Teachers' Pension Plan and other stockholders. Infiltrator is a provider of on-site septic wastewater treatment products.

Advanced Drainage Systems announced the acquisition of River Valley Pipe, a privately-owned pipe manufacturing company in the Midwest. River Valley Pipe has manufacturing locations in Illinois and Iowa.

Green Line Polymers, a subsidiary of Advanced Drainage Systems, will receive a $200,000 Ohio EPA grant and invest a total of $768,308 to purchase a new recycling system that will increase drainage pipe production from recycled HDPE by 660,000 pounds in the first year and 6.2 million pounds by the fourth year, creating 14 new jobs.