Jan 14 2011
Advanced Drainage Systems, Inc. (ADS) is continuing to expand its product line by acquiring the assets of another leading manufacturer of concrete drainage structures, Frederick Precast Concrete, Inc. (Greencastle, PA).
Known for its custom as well as stock structures, Frederick Precast is being added to ADS' other recent acquisitions enabling it to provide a complete line of sanitary, storm and water structures to the mid-Atlantic United States. ADS purchased the Foltz Concrete Pipe Company of Winston-Salem, NC in April and Piedmont Concrete of Pineville, NC in May.
"We have been very aggressive in our program to add products and services to further expand our supply line to our customers," stated Joseph Chlapaty, chairman and chief executive officer of ADS. "But we are adding only quality, well-respected and proven companies that also reflect the ADS charter of 'customer first'. This has been the backbone of ADS for nearly 45 years, a posture we will continue to strengthen and fortify with companies such as Frederick."
Source: http://www.ads-pipe.com/