Advanced Drainage Systems Hosts Groundbreaking for $30 Million World-Class Recycling Facility Expansion in Cordele, Georgia
Advanced Drainage Systems Hosts Groundbreaking for $30 Million World-Class Recycling Facility Expansion in Cordele, Georgia |
| [29-January-2025] |
HILLIARD, Ohio, Jan. 29, 2025 /PRNewswire/ -- Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, announced the groundbreaking of a significant expansion to its recycling facility in Cordele, Georgia. This investment will enhance ADS' ability to provide high quality recycled material to our factories in the Southeast. The expansion will increase the facility's total size to 117,000 square feet.
"ADS is thrilled to make this significant investment in Cordele. This state-of-the-art facility will leverage exceptional talent and cutting-edge material capabilities to enhance our recycled plastic production, enabling us to lead the industry and set new standards for innovation and sustainability," said ADS President and CEO Scott Barbour. "Cordele is part of a thriving economic region, in an ideal location for us to efficiently manufacture and transport recycled materials to our Southeastern pipe plant network." This ADS investment will bring:
ADS is one of the largest plastic recycling companies in North America, sourcing both post-industrial and post-consumer recycled plastics to manufacture its stormwater and onsite septic wastewater products. The company's industry-leading material blending programs allow ADS to convert recycled plastic into durable products such as pipe and chambers. "For over 20 years, the dedicated ADS Recycling employees in Cordele have made this location one of the top ADS performers in the nation, and we're thrilled to bring innovative investments to this site and new career opportunities to the local community," said Kristen Rinehart, Vice President and General Manager of Recycling for ADS. "As one of the largest plastic recycling companies in North America, expanding our operations in Cordele will allow us to deliver recycled material to our seven manufacturing sites throughout the southeast region, while expanding ADS' overall use of recycled plastic in our pipe products and advanced stormwater and onsite septic wastewater solutions." The development of the ADS Recycling facility was made possible through the support and partnership of the Cordele-Crisp County Industrial Development Council, Crisp County Commissioners, and the Georgia Department of Economic Development. The Crisp County Power Commission is purchasing and installing transformers to support production capabilities for this facility. About the Company Media Contact: Investor Relations:
SOURCE Advanced Drainage Systems, Inc. | ||
Company Codes: NYSE:WMS |
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