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Advanced Drainage Systems Hosts Groundbreaking for $30 Million World-Class Recycling Facility Expansion in Cordele, Georgia

1. WMS expands recycling facility in Georgia to boost material supply. 2. The investment enhances ADS' capacity in Southeast manufacturing.

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FAQ

Why Bullish?

The facility expansion indicates growth potential and increased efficiency, likely benefiting WMS's market position.

How important is it?

The expansion project reflects strategic growth, positively impacting WMS's financial outlook.

Why Long Term?

Enhanced production capabilities could yield sustained revenue growth for WMS over time.

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WMS
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.

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