Neha Patil (Editor)

American Water (company)

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Type
  
Public

Headquarters
  
New Jersey, United States

Revenue
  
3 billion USD (2014)

Founded
  
1886

CEO
  
Susan N. Story

CFO
  
Linda G. Sullivan

American Water (company) httpsuploadwikimediaorgwikipediaenthumbc

Traded as
  
NYSE: AWK DJUA component S&P 500 Component

Industry
  
Utilities Water and Wastewater

Founder
  
James S. Kuhn, W.S Kuhn

Key people
  
Susan Story, CEO and President

Stock price
  
AWK (NYSE) US$ 77.88 +1.43 (+1.87%)28 Feb, 12:10 PM GMT-5 - Disclaimer

American Water is a public utility company operating in the United States and Canada. It was founded in 1886 as the American Water Works & Guarantee Company. In 1914, American Water Works and Guarantee Company became American Water Works and Electric Company. In 1947 it was reorganized as American Water Works Company, Inc. The company was a subsidiary of the German-based RWE Group from 2001 to 2008, but the company was divested on April 23, 2008 in an IPO on the NYSE.

Most of American Water's services are locally managed utility subsidiaries that are regulated by the U.S. state in which each operates. American Water also owns subsidiaries that manage municipal drinking water and wastewater systems under contract and others that supply businesses and residential communities with water management products and services. In 2003, American Water established the American Water Military Services Group, which serves as contracted water utility for several military bases in the United States. Military Services Group works with the United States Military to treat and supply water and to collect and treat wastewater for military installations all over the country. Most recently American Water Military Services Group provides services to 11 military bases.

With headquarters in Voorhees, New Jersey, American Water has about 6,400 employees and provides services to approximately 15 million people in more than 45 U.S. states and Ontario, Canada.

References

American Water (company) Wikipedia


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