Company type | Public |
---|---|
Industry | Water industry |
Founded | 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) designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. [1] It is the largest maker of high-density polyethylene pipe in the United States. [2] It is headquartered in Hilliard, 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 a public company via an initial public offering on the New 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 the Ontario Teachers' Pension Plan for $1.08 billion. [6]
In 2019, approximately 65% of its pipes were made from recycled materials. [7]
Company type | Public |
---|---|
Industry | Water industry |
Founded | 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) designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. [1] It is the largest maker of high-density polyethylene pipe in the United States. [2] It is headquartered in Hilliard, 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 a public company via an initial public offering on the New 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 the Ontario Teachers' Pension Plan for $1.08 billion. [6]
In 2019, approximately 65% of its pipes were made from recycled materials. [7]