Advanced Drainage Systems, Inc. (WMS), a provider of innovative water management solutions in the stormwater and onsite septic wastewater industries announced Thursday the acquisition of River Valley Pipe LLC, a privately-owned pipe manufacturing company located in the Midwest region of the United States.
"We are excited to welcome River Valley Pipe to ADS," said Scott Barbour, President and CEO of ADS. "This acquisition advances our strategic priority to grow our market leading position through acquisitions in our core stormwater and agriculture drainage markets in key agriculture states of Illinois and Iowa. ADS and River Valley Pipe have a shared commitment to safety, customer service, and operational excellence in the agriculture market. Together, we look forward to building on the significant capabilities of the two companies."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.