Camp Hill, Pa-based Lane Enterprises Inc. will build a $16.3 million manufacturing plant in Temple, Texas, that will create 21 jobs as the 84-year-old business expands west to produce corrugated HDPE and metal pipe products for the construction industry.
This week we published our ranking of 210 pipe, profile and tubing extruders. The companies in our ranking report total North American extrusion sales of $18.8 billion. That's up 2 percent over last year.
Net sales were up 9.4 percent to $1.29 billion for Advanced Drainage Systems, the world's largest manufacturer of thermoplastic corrugated pipe, during its 2016 fiscal year thanks to increased demand for plastic pipes.
Infiltrator Systems Inc. got new owners a few weeks ago, and now its name is changing to reflect what the Old Saybrook, Conn.-based company is offering beyond its stronghold in the septic and storm water industries.
Advanced Drainage Systems, the world's largest producer of thermoplastic corrugated pipe, made its debut on the New York Stock Exchange today with 14.5 million shares offered at $16 to raise $232 million.
Advanced Drainage Systems Inc. is starting up a second manufacturing facility in Brazil with its joint venture partner Tigre SA to fill orders for the rapidly expanding infrastructure of South America.
HILLIARD, OHIO -- Advanced Drainage Systems Inc. has opened a distribution site in Morrisburg, Ontario. Supply for the yard comes from the company's corrugated pipe extrusion plants including Heidelberg, Ontario, and St. Germain, Quebec.