ADS acquires Jet Polymer Recycling, a plastic recycler in southeastern US

ADVANCED DRAINAGE SYSTEMS, INC.

Acquired Jet Polymer Recycling, a privately-owned recycler in southeastern US; no deal terms disclosed.
Jet operates three recycling plants in Alabama and Georgia.
Jet is the largest supplier of recycled polypropylene for ADS subsidiary Infiltrator Water Technologies.
Acquisition aims to secure high-quality recycled plastic for growth in on-site septic wastewater business.

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