Advanced Drainage Systems


Advanced Drainage Systems, Inc. is a Hilliard, Ohio based company which produces plastic corrugated pipes and other drainage products.

Business

The plastic pipes which ADS produces are used for draining water around buildings and streets. In this field, they compete with traditionally used concrete pipes.

History

ADS was founded in 1966.
Since 2014, its common shares are traded on the New York Stock Exchange where they have the ticker symbol WMS.
In 2017, a fire at the ADS facility in Hamilton, Ohio destroyed around 1 acre of storage area full of plastic pipes.
Advanced Drainage Systems was led by Joe Chlapaty from 2004 to his retirement in 2017. Afterwards, Scott Barbour became the new president and CEO.
As of 2018, ADS had approximately 4400 employees.