 | |
| Company type | Public |
|---|---|
| Industry | Water industry |
| Founded | 1966; 59 years ago (1966) |
| Founders |
|
| Headquarters | Hilliard, Ohio, U.S. |
Key people | D. Scott Barbour (CEO &President) Scott A. Cottrill (CFO) |
| Products | |
| Revenue |  US$1.982 billion (2020) |
| US$224 million (2020) | |
| Total assets | US$2.413 billion (2020) |
| Total equity | US$819 million (2020) |
Number of employees | 5,000 (2020) |
| Website | adspipe |
| Footnotes / references [1][2] | |
Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and marketspolypropylene andpolyethylene pipes, plasticleach field chambers and systems,septic tanks and accessories, storm retention/detention and septic chambers,polyvinyl chloridedrainage structures, fittings, andwater filters andwater separators.[1] It is the largest maker of high-density polyethylene pipe in the United States.[2] It is headquartered inHilliard, Ohio. In 2020, 93% of the company's sales were in the United States and 6% were in Canada.[1]
The company was founded in 1966 by Ron Martin and Marty Sixt, two engineers. In the early 1970s, it moved to central Ohio.[1][2]
In 2004, Joe Chlapaty became CEO of the company; he retired in 2017 and was succeeded by Scott Barbour.[3]
In July 2014, the company became apublic company via aninitial public offering on theNew York Stock Exchange, raising $232 million.[4]
In February 2015, the company acquired Ideal Pipe of Ontario for $45 million.[5]
In July 2019, the company acquired Infiltrator Water Technologies from theOntario Teachers' Pension Plan for $1.08 billion.[6]
In 2019, approximately 65% of its pipes were made from recycled materials.[7]
 | This United States manufacturing company–related article is astub. You can help Wikipedia byexpanding it. |