Trade Resources Industry Views ADS Has Acquired a Controlling Interest in a New Joint Venture

ADS Has Acquired a Controlling Interest in a New Joint Venture

Corrugated plastic pipe producer Advanced Drainage Systems Inc (ADS) has acquired a controlling interest in a new joint venture established with BaySaver Technologies Inc. The new company, BaySaver LLC, will be based in Mount Airy, Maryland and will focus on storm water filtration and separation technologies. ADS and BaySaver Technologies have had an exclusive marketing agreement since 2008 for ADS to sell the BaySeparator and BayFilter units, which separate and filter pollution from storm water runoff. "Evolving requirements imposed on municipal storm water systems by the EPA have created the need for a more complete storm water treatment methodology," explained Ron Vitarelli, Vice President of Storm and Sanitary Markets for ADS. "As a solutions-based manufacturer we are asked to provide a 'treatment train' approach to owners and specifiers. The BaySaver product line rounds out the ADS storm water product offering."

Source: http://workingwithwater.filtsep.com/view/33543/ads-and-baysaver-form-jv/
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Ads and Baysaver Form JV