Advanced Drainage Systems

Advanced Drainage Systems Marks World Water Day by Highlighting Importance of Stormwater Management

Retrieved on: 
Friday, March 22, 2024
Recycling, Alternative Energy, Energy, Agriculture, Natural Resources, Environment, Other Manufacturing, Engineering, Chemicals, Plastics, Natural Disasters, Climate Change, Manufacturing, Advanced Drainage Systems, Climate change, System, The Harris Poll, United, Research, United Nations, Drought, ADS, World Water Day, Quality of life, Water, Ecosystem, Barbour, Technology Center, WMS, Tunnel

Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and wastewater industries, is using this year’s World Water Day (March 22) to emphasize the need for effective stormwater management and the importance of properly managing the entire lifecycle of a raindrop.

Key Points: 
  • Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and wastewater industries, is using this year’s World Water Day (March 22) to emphasize the need for effective stormwater management and the importance of properly managing the entire lifecycle of a raindrop.
  • This is a message that is resonating as more Americans are growing worried about ineffective stormwater management.
  • The survey also found that many U.S. adults believe the impact of climate change is outpacing current stormwater management practices.
  • Additionally, 43% of respondents expressed concern that stormwater management in their area is not keeping up with climate changes, emphasizing the need for stronger and more sustainable water management practices.

CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado

Retrieved on: 
Thursday, March 7, 2024
Ohio State University, Seminar, CoreCivic, University, Aflac, Annual general meeting, Advisory board, Federation, Marketing, Economic development, SAIC, Raytheon Technologies, WMS, Mass communication, Hospital, Battelle Memorial Institute, CXW, Partner, Business, Chair, Operation Homefront, Commissioner, Commercialization, Advanced Drainage Systems, Nationwide, Flex (company), Trustee, Government, Audit committee, Executive, Lockheed, Management

Both Ms. Hernandez-Blades and Mr. Fischer are expected to join various board committees in the future.

Key Points: 
  • Both Ms. Hernandez-Blades and Mr. Fischer are expected to join various board committees in the future.
  • "We are pleased to have Catherine and Alex join our Board of Directors," said Damon Hininger, CoreCivic's President and Chief Executive Officer.
  • "Catherine brings decades of executive leadership experience in government relations, communications, and marketing in both the private and the public sectors.
  • Catherine also provides community support as a board member at several non-profits.

Advanced Drainage Systems Named by Newsweek as one of America’s Most Responsible Companies in 2024

Retrieved on: 
Wednesday, February 21, 2024
Manufacturing, Other Transport, Professional Services, Construction & Property, Environmental, Social and Governance (ESG), Transport, Building Systems, Other Natural Resources, Environment, Sustainability, Agriculture, Natural Resources, Urban Planning, Other Manufacturing, ADS, Corporate governance, Research, System, Work, ESG, Advanced Drainage Systems, Water, KPI, Newsweek, WMS

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 it has been named to Newsweek’s list of America’s Most Responsible Companies 2024.

Key Points: 
  • 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 it has been named to Newsweek’s list of America’s Most Responsible Companies 2024.
  • “ADS is once again honored to be recognized as one of the country’s most responsible companies,” said ADS President and CEO Scott Barbour.
  • America’s Most Responsible Companies ranking focuses on a holistic view of corporate responsibility that considers all three pillars of ESG: Environment, Social, and Corporate Governance.
  • The final list recognizes the top 600 most responsible companies in the United States, spanning 14 industries.

Advanced Drainage Systems Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, February 8, 2024
Residential Building & Real Estate, Urban Planning, Manufacturing, Construction & Property, Other Natural Resources, Other Energy, Agriculture, Natural Resources, Other Manufacturing, Energy, Other Construction & Property, Advanced Drainage Systems, WMS, System, Holding company

Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.14 per share, a 17% increase over the prior year dividend amount.

Key Points: 
  • Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.14 per share, a 17% increase over the prior year dividend amount.
  • Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, “Today’s dividend announcement is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders.
  • Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously continuing to strategically invest in our business.”
    The quarterly cash dividend of $0.14 per share will be paid on March 15, 2024, to shareholders of record at the close of business on March 1, 2024.

Advanced Drainage Systems Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 8, 2024
Commercial Building & Real Estate, Construction & Property, Urban Planning, Utilities, Building Systems, Energy, Agriculture, Natural Resources, Residential Building & Real Estate, Partnership, Growth, ADS, GAAP, Barbour, Environment, WMS, System, Public expenditure, Adjustment, Investment, Automation, Infiltrator, Sale, Advanced Drainage Systems, Income tax, Conference, Share repurchase, Bookkeeping

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 today announced financial results for the fiscal third quarter ended December 31, 2023.

Key Points: 
  • 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 today announced financial results for the fiscal third quarter ended December 31, 2023.
  • In addition, we established a strategic partnership with Rainwater Management Solutions, a provider of cutting-edge rainwater harvesting and reuse systems.
  • Barbour concluded, "As we move into the final quarter of this fiscal year, we updated our guidance ranges to reflect the improved demand environment and increased profitability.
  • Based on current visibility, backlog of existing orders and business trends, the Company updated its financial targets for fiscal 2024.

Infiltrator Launches New Advanced Treatment Solution and Expands Tank Offering

Retrieved on: 
Wednesday, January 24, 2024
Utilities, Agriculture, Construction & Property, Natural Resources, Energy, Urban Planning, Other Natural Resources, Residential Building & Real Estate, Advanced Drainage Systems, System, WMS, Water, Plastic, ADS, Transport, Treatment, Engineering, Sewage treatment

Infiltrator has launched the ECOPOD-NX, a new model in the ECOPOD series for advanced wastewater treatment in residential applications.

Key Points: 
  • Infiltrator has launched the ECOPOD-NX, a new model in the ECOPOD series for advanced wastewater treatment in residential applications.
  • Infiltrator has also expanded its plastic tank offering to include two new sizes, the IM-1250 and the IM-300.
  • This tank size complements the current offering of 1,000-gallon and 1,500-gallon capacity tanks, providing contractors with additional installation flexibility.
  • “The new ECOPOD-NX provides the highest level of wastewater treatment in the ECOPOD product series, allowing Infiltrator to penetrate new areas of the highly attractive advanced treatment market.

Advanced Drainage Systems Announces Relationship with Rainwater Management Solutions

Retrieved on: 
Friday, January 19, 2024
Utilities, Other Natural Resources, Sustainability, Energy, Residential Building & Real Estate, Commercial Building & Real Estate, Natural Resources, Environment, Construction & Property, Other Manufacturing, Urban Planning, Manufacturing, Quality of life, Advanced Drainage Systems, System, ADS, RMS, Water, WMS, Sewage treatment

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, and Rainwater Management Solutions (RMS) , a renowned provider of cutting-edge water harvesting and reuse systems, have initiated a strategic relationship.

Key Points: 
  • 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, and Rainwater Management Solutions (RMS) , a renowned provider of cutting-edge water harvesting and reuse systems, have initiated a strategic relationship.
  • This collaboration will drive further advancement of sustainable stormwater solutions throughout the United States and Canada.
  • As two industry leaders, ADS and RMS are dedicated to revolutionizing stormwater management and water harvesting techniques.
  • “Rainwater Management Solutions is known for its wide range of high-quality water harvesting systems, and ADS is excited about this newly formed relationship,” said ADS President and CEO Scott Barbour.

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2024 Results on February 8, 2024

Retrieved on: 
Tuesday, January 16, 2024
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President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on February 8, 2024, at 10:00 a.m.

Key Points: 
  • President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on February 8, 2024, at 10:00 a.m.
  • Teleconference: To participate in the live teleconference, participants may register at https://conferencingportals.com/event/TTnYXFWe using Conference ID: 45786.
  • After registering, participants will receive a confirmation through email, including dial-in details and unique conference call codes for entry.
  • To ensure participants are connected for the full call, please register at least 10 minutes before the start of the call.

Berkshire Partners Managing Directors Candice Corvetti and Drew Walker Named to GrowthCap's “Top 40 Under 40 Growth Investors of 2023”

Retrieved on: 
Wednesday, January 10, 2024
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Berkshire Partners is pleased to announce Managing Directors Candice Corvetti and Drew Walker have been named to GrowthCap’s “Top 40 Under 40 Growth Investors of 2023” list.

Key Points: 
  • Berkshire Partners is pleased to announce Managing Directors Candice Corvetti and Drew Walker have been named to GrowthCap’s “Top 40 Under 40 Growth Investors of 2023” list.
  • View the full release here: https://www.businesswire.com/news/home/20240110722656/en/
    Ms. Corvetti was promoted to Managing Director at Berkshire Partners in 2023.
  • Prior to joining Berkshire Partners in 2014, Ms. Corvetti was an Associate at Madison Dearborn Partners.
  • On behalf of the entire team at Berkshire Partners, I want to congratulate Candice and Drew on this outstanding and well-deserved recognition,” said Samantha Adams , Managing Director, Talent, at Berkshire Partners.

Advanced Drainage Systems Survey: Over Half of Americans Worried About How Their Stormwater is Managed

Retrieved on: 
Thursday, December 14, 2023
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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, today announced the results of a study on stormwater management.

Key Points: 
  • 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, today announced the results of a study on stormwater management.
  • Fifty-eight percent of U.S. adults are concerned how stormwater is managed in their communities to ensure environmental stewardship and sustainability (i.e., transportation efficiency, energy usage, water reusage, etc.).
  • As part of this commitment, the company began construction on the world’s most advanced stormwater engineering, research and development facility located near the company’s headquarters in Hilliard, Ohio.
  • This survey was conducted online within the United States by The Harris Poll on behalf of Advanced Drainage Systems from November 14-16, 2023, among 2,061 adults ages 18 and older.