Expands Available Cost-Effective Solutions for Important Airport
Infrastructure Upgrades
HILLIARD, Ohio--(BUSINESS WIRE)--
Advanced Drainage Systems, Inc. (NYSE:WMS) (“ADS”), a leading global
manufacturer of water management products and solutions for commercial,
residential, infrastructure and agricultural applications, applauds the
recent decision by the Federal Aviation Administration (FAA) to approve
polypropylene pipe for subsurface water collection and disposal at
civilian airports. The decision to recognize polypropylene pipe as an
equal alternative to other materials enables design engineers and
contractors to leverage the benefits of the lightweight, cost-effective
and durable solution for water collection and removal under airfield
pavements.
This updated standard follows the recent approval of high-density
polyethylene (HDPE) pipe for under pavement use in all airport areas
including deicing pads, runways and taxiways.
"The nearly 400 commercial airports and 3,000 general aviation
facilities in the United States require infrastructure upgrades and
expansion to meet the demand of continual increases in air travel,” said
Greg Bohn, Director of National Engineering and Product Development for
ADS. “This update to the FAA policy is in line with a growing number of
Departments of Transportation (DOT) across the country who have approved
polypropylene and HDPE pipe for critical infrastructure needs. These are
easy to install, lightweight and cost-effective solutions with a high
degree of stiffness and strength which enable developers to maximize a
project's budget and provide substantial alternatives that meet AASHTO
and ASTM standards.”
ADS solutions are used extensively for water management at airports
everywhere, including the busiest airport in the world, Atlanta’s
Hartsfield-Jackson International Airport. The company manufacturers both
polypropylene and HDPE pipe in diameters up to 60 inches.
About Advanced Drainage Systems, Inc.:
Advanced Drainage Systems, Inc., (NYSE: WMS) (ADS) is the world’s
largest producer of corrugated HDPE pipe. Founded in 1966, it serves the
storm and waste water industry through a global network of 58 domestic
and international manufacturing plants and 29 distribution centers. In
addition to its flagship N-12® pipe, and HP Sanitary and
Storm pipe, the company offers a complete line of fittings and other
accessories including StormTech® storm water chambers,
Nyloplast® drainage structures, INSERTA TEE®,
storm water treatment units and various geotextiles. To learn more about
ADS, visit www.ads-pipe.com.
Forward Looking Statements
Certain statements in this press release may be deemed to be
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, including statements regarding the
initial public offering. These statements are not historical facts but
rather are based on the Company’s current expectations, estimates and
projections regarding the Company’s business, operations and other
factors relating thereto. Words such as “may,” “will,” “could,” “would,”
“should,” “anticipate,” “predict,” “potential,” “continue,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates” and similar
expressions are used to identify these forward-looking statements. These
statements are only predictions and as such are not guarantees of future
performance and involve risks, uncertainties and assumptions that are
difficult to predict. Actual results may differ materially from those in
the forward-looking statements as a result of a number of factors,
including those described from time to time in the Company’s filings
with the Securities and Exchange Commission.
Advanced Drainage Systems, Inc.
Media:
Tori Durliat,
419-424-8275
tori.durliat@ads-pipe.com
or
Investor
Relations:
Michael Higgins, 614-658-0050
mike.higgins@ads-pipe.com
Source: Advanced Drainage Systems, Inc.