New Tigre, ADS JV aims to open more doors for Tigre in US

By Catherine Kavanaugh
Staff Reporter

Published: April 16, 2014 12:15 pm ET
Updated: April 16, 2014 12:21 pm ET

Related to this story

Topics Construction, Mergers & Acquisitions, Injection Molding, Pipe/Profile/Tubing, United States, Latin America

A new joint venture between Tigre S.A. Brazil, a leading PVC pipe maker, and Advanced Drainage Systems Inc., the world’s largest high-density polyethylene pipe producer, seeks to open more doors into North American markets for the Latin American company.

The new entity, Tigre-ADS USA Inc., formed through an April 7 business agreement inked just days after ADS announced plans for an initial public offering.

The JV, made public April 15, involves Tigre’s manufacturing facility in Janesville, Wis. Tigre has been injection molding pipe fittings at the plant since a 2007 JV with Freedom Plastics. Freedom Plastics went out of business in 2009.

In the latest partnership for the site, Tigre-ADS USA, will continue to offer its current product line of PVC fittings for the waterworks, plumbing and building heating and cooling systems markets as it seeks to expand its customer base.

“Our relationship with ADS will allow for broader access to the U.S. and Canadian markets,” General Manager Fabricio Rubine said in a statement. “...We are very excited about this tremendous opportunity.”

ADS has 48 factories and 19 distribution centers located in all 50 states, giving it a solid U.S. market presence. The company also has manufacturing plants in Canada and runs joint ventures in growing areas of Mexico and Central and South America.

In January, ADS started up a second HDPE pipe plant in Brazil with Tigre as its JV partner to meet demand for infrastructure products in rapidly expanding areas of South America.

ADS sells more than $1 billion worth of pipe a year. The company produces mostly corrugated HDPE pipe for drainage systems and storm sewers but it also makes polypropylene pipe for storm and septic chambers. It has a global network of 59 plants and 28 distribution centers.

Tigre makes PVC pipe, fittings and accessories for building, infrastructure and irrigation markets. It has 24 facilities, including 10 in Brazil and 14 outside the country.


Comments

New Tigre, ADS JV aims to open more doors for Tigre in US

By Catherine Kavanaugh
Staff Reporter

Published: April 16, 2014 12:15 pm ET
Updated: April 16, 2014 12:21 pm ET

Post Your Comments


Back to story


More stories

Image

Coveris makes another flexible packaging buy

August 22, 2014 9:34 am ET

Coveris Holdings is continuing its rapid acquisition pace, this time picking up flexible print specialist Learoyd Packaging (Holdings) Ltd. to boost...    More

Image

Westminster Tool creates academy to find, train future toolmakers

August 22, 2014 2:06 pm ET

Westminster Tool Inc. begins its own Westminster Academy to find and train skilled employees.    More

Image

Prosthetic arm concept wins in student thermoforming competition

August 22, 2014 1:56 pm ET

Pressure forming company Freetech Plastics Inc. has returned with its annual Student Thermoformed Part Competition, intended to expand the exposure...    More

Image

Composite bridge maker also leading the way in installation

August 22, 2014 1:21 pm ET

Lightweight, low maintenance and strong, fiber-reinforced polymer (FRP) bridge decks finally are crossing the line from specialty projects to wider...    More

Image

Making the most of complexity

August 22, 2014 1:02 pm ET

In the global market for injection molded parts, custom molders have tried a million different ways to differentiate themselves from the pack. Make th...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events