Advanced Drainage Systems Hosts Groundbreaking for $30 Million World-Class Recycling Facility Expansion in Cordele, Georgia
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Advanced Drainage Systems, Inc. (NYSE: WMS) has announced a $30 million expansion of its recycling facility in Cordele, Georgia. This expansion aims to enhance the company's ability to supply high-quality recycled materials to its factories in the Southeast.
January 29, 2025 | 7:45 pm
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Advanced Drainage Systems is investing $30 million in expanding its recycling facility in Georgia, which will improve its supply of recycled materials to factories in the Southeast.
The $30 million investment in expanding the recycling facility is a significant move for ADS, likely to improve operational efficiency and sustainability. This could positively impact the company's stock price in the short term as it enhances its supply chain capabilities.
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