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Tigre and ADS Form Joint Venture for the USA and Canada Markets

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Advanced Drainage Systems, Inc.
4640 Trueman Blvd.
Hilliard, OH, 43026
USA



Press release date: April 15, 2014

HILLIARD, Ohio - Tigre S.A. Brazil (Tigre) and Advanced Drainage Systems, Inc. (ADS) entered into a new joint venture, forming Tigre-ADS USA Inc. on April 7(th), 2014. The Company will manufacture and sell PVC fittings for Waterworks, Plumbing, and HVAC applications, primarily serving the U.S. and Canadian markets. The new joint venture represents a continuation of the existing activities of Tigre USA through its Janesville, Wisconsin manufacturing facility.

Fabricio Rubine, General Manager of Tigre-ADS USA, explains, "The Company will continue placing emphasis on providing exceptional product quality and customer service to our existing customer base. Our relationship with ADS will allow for broader access to the U.S. and Canadian markets. The business will offer its current product line, which consists of PVC fittings for the Waterworks, Plumbing and HVAC (Heating, Ventilation and Air Conditioning) markets. We are very excited about this tremendous opportunity."

About Tigre

Tigre is a Brazilian multinational leader in the manufacture of PVC pipe, fittings and accessories in Latin America. Tigre offers a vast array of products that support the building, infrastructure and irrigation markets. It was founded in 1941 and has 24 facilities, ten of which are in Brazil, including a factory of painting tools (Pinceis Tigre), PVC profiles (Claris) and accessories (Plena) and 14 outside of Brazil - Argentina (2), Bolivia (2), Chile (3), Colombia, Ecuador, Peru (2), United States, Paraguay and Uruguay. Tigre has approximately 7,000 employees. To learn more about Tigre, visit www.tigre.com.

About Advanced Drainage Systems, Inc.

Advanced Drainage Systems (ADS) is the leading manufacturer of high performance thermoplastic corrugated pipe, providing a comprehensive suite of water management products and superior drainage solutions for use in the construction and infrastructure marketplace. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, agriculture and infrastructure applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, its overall product breadth and scale and its manufacturing excellence. Founded in 1966, the Company operates a global network of 59 manufacturing plants and 28 distribution centers. To learn more about ADS, visit www.ads-pipe.com.

Source
Advanced Drainage Systems, Inc.

Contact: Fabricio Rubine, General Manager, 2315 Beloit Avenue, Janesville, Wisconsin 53546-3050, Phone: (608) 754-4554, Fax: (608) 554-4625, E-mail: fabricio.rubine@tigre.com

Web Site: http://www.ads-pipe.com

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