Advanced Drainage Systems (ADS) is a North American manufacturer of plastic pipe and water management solutions for stormwater and onsite wastewater. The company captures, conveys, stores, and treats stormwater through its Stormwater segment. This segment provides corrugated HDPE and polypropylene pipe for residential, commercial, and infrastructure projects. This segment also sells allied products including underground storage chambers, PVC drainage structures, and water quality filters. Through its Infiltrator subsidiary, ADS serves the Wastewater market with plastic leachfield chambers, septic tanks, and advanced treatment systems. ADS relies on material conversion, where plastic products displace traditional concrete, steel, and stone-and-pipe systems. ADS sells products through national waterworks distributors and big-box retailers. A direct sales and engineering force works with civil engineers to specify ADS products early in project design. The company leverages an in-house logistics fleet and recycled plastic resin to manage costs. To drive profitability, ADS focuses on increasing the sales mix of higher-margin allied and wastewater products. The company also pursues geographic expansion and acquisitions, such as NDS and Orenco, to deepen its presence in residential drainage and advanced treatment.