UGSI sales jump ahead of stock listing

Underground Solutions' CEO Andy Seidel has been quietly building market share with his fusible PVC pipe applications. Now he plans to take the company public.

While many of the more established pipe companies struggled with the poor business climate in 2009, Underground Solutions (UGSI), a California-based water and sewer pipe supply company, had a strong enough showing that it is now mapping out the timetable for going public.

UGSI, quoted on Pink Sheets, notified its shareholders in early January that its 2009 sales rose by ...

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