Infiltrator Launches New Advanced Treatment Solution and Expands Tank Offering
2024年1月24日 - 10:00PM
ビジネスワイヤ(英語)
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 launch of three new products that
deepen Infiltrator Water Technologies’ portfolio of highly
innovative onsite septic wastewater solutions.
New Advanced Treatment Solution
Infiltrator has launched the ECOPOD-NX, a new model in the
ECOPOD series for advanced wastewater treatment in residential
applications. The ECOPOD-NX technology recirculates wastewater to
achieve 80% Total Nitrogen reduction, addressing the needs of
contractors in markets with more strict treatment regulations. The
ECOPOD-NX also provides contractors with increased flexibility, as
it can be installed in a single tank to treat wastewater flows of
up to 500 gallons per day.
Expansion of Tank Offerings
Infiltrator has also expanded its plastic tank offering to
include two new sizes, the IM-1250 and the IM-300. The IM-1250 is
designed for use as a single or in-series septic tank with a design
volume capacity of approximately 1,270 gallons. This tank size
complements the current offering of 1,000-gallon and 1,500-gallon
capacity tanks, providing contractors with additional installation
flexibility. The IM-300 is designed for use in pump tank
applications with a total volume capacity of approximately 300
gallons.
Both tanks are manufactured using Infiltrator’s unique two-piece
design technology, which allows for increased transportation
efficiency and ease of installation compared to other products on
the market today, such as concrete or one-piece plastic tanks. Like
other Infiltrator products, the new tanks are manufactured using
recycled plastic material, supporting the Company’s commitment to
reducing its environmental impact and creating a circular economy
for plastics.
“Today’s product announcements are further evidence of our
commitment to innovative water management solutions that protect
water, the world’s most precious resource,” said Scott Barbour,
President and Chief Executive Officer of ADS. “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. We are excited about
the future of these products, as Infiltrator has a long history of
bringing innovation and best-in-class manufacturing engineering to
the industry.”
The ECOPOD-NX, IM-1250 tank and IM-300 tank will be on display
at the Water & Wastewater Equipment, Treatment and Transport
(WWETT) show, taking place in January 25-27, 2024, in Indianapolis,
IN.
About the Advanced Drainage
Systems
Advanced Drainage Systems is a leading manufacturer of
innovative stormwater and onsite septic wastewater solutions that
manages the world’s most precious resource: water. ADS and its
subsidiary, Infiltrator Water Technologies, provide superior
stormwater drainage and onsite septic wastewater products used in a
wide variety of markets and applications including commercial,
residential, infrastructure and agriculture, while delivering
unparalleled customer service. ADS manages the industry’s largest
company-owned fleet, an expansive sales team, and a vast
manufacturing network of approximately 70 manufacturing plants and
40 distribution centers. The company is one of the largest plastic
recycling companies in North America, ensuring over half a billion
pounds of plastic is kept out of landfills every year. Founded in
1966, ADS’ water management solutions are designed to last for
decades. To learn more, visit the Company’s website at
www.adspipe.com.
Forward-Looking
Statements
Certain statements in this press release may be deemed to be
forward-looking statements. 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,” “confident” and similar expressions are
used to identify these forward-looking statements. Factors that
could cause actual results to differ from those reflected in
forward-looking statements relating to our operations and business
include: fluctuations in the price and availability of resins and
other raw materials and our ability to pass any increased costs of
raw materials on to our customers in a timely manner; disruption or
volatility in general business and economic conditions in the
markets in which we operate; cyclicality and seasonality of the
non-residential and residential construction markets and
infrastructure spending; the risks of increasing competition in our
existing and future markets; uncertainties surrounding the
integration and realization of anticipated benefits of
acquisitions; the effect of weather or seasonality; the loss of any
of our significant customers; the risks of doing business
internationally; the risks of conducting a portion of our
operations through joint ventures; our ability to expand into new
geographic or product markets; the risk associated with
manufacturing processes; the effect of global climate change;
cybersecurity risks; our ability to manage our supply purchasing
and customer credit policies; our ability to control labor costs
and to attract, train and retain highly qualified employees and key
personnel; our ability to protect our intellectual property rights;
changes in laws and regulations, including environmental laws and
regulations; the risks associated with our current levels of
indebtedness, including borrowings under our existing credit
agreement and outstanding indebtedness under our existing senior
notes; and other risks and uncertainties described in the Company’s
filings with the SEC. New risks and uncertainties emerge from time
to time and it is not possible for the Company to predict all risks
and uncertainties that could have an impact on the forward-looking
statements contained in this press release. In light of the
significant uncertainties inherent in the forward-looking
information included herein, the inclusion of such information
should not be regarded as a representation by the Company or any
other person that the Company’s expectations, objectives or plans
will be achieved in the timeframe anticipated or at all. Investors
are cautioned not to place undue reliance on the Company’s
forward-looking statements and the Company undertakes no obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240124966353/en/
Michael Higgins VP, Corporate Strategy & Investor Relations
(614) 658-0050 Michael.Higgins@adspipe.com
Advanced Drainage Systems (NYSE:WMS)
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