Advanced Drainage Systems, Inc. informed that the Texas Department of Transportation (TXDOT) released a new special specification that approves the use of thermoplastic pipes in storm sewer and culvert applications statewide.Scott Barbour, President and Chief Executive Officer of ADS commented, “Today’s announcement marks further progress on ADS’ long-term growth strategy to capture additional market share in our priority growth states. We will now be able to compete on state stormwater projects in Texas. Growing in the Texas public stormwater market is a key component of the long-term ADS strategy to drive material conversion through our proven market share model. This will take time to fully implement as we work with district offices and design engineers for inclusion on project specifications. We expect activity to ramp up over the next several years as we increase acceptance with contractors and engineers in Texas.”To identify growth opportunities in Industrial Pipe Market: Trends, Opportunities and Competitive Analysis, please visit https://www.lucintel.com/industrial-pipe-market.aspx
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