American Water (company)
Public | |
Traded as |
NYSE: AWK DJUA component S&P 500 Component |
Industry |
Utilities Water and Wastewater |
Founded | 1886 |
Founder | James S. Kuhn, W.S Kuhn |
Headquarters | Voorhees, New Jersey, United States |
Key people | Susan Story, CEO and President |
Products | Water |
Revenue | US$ 3.0 billion (2014) |
US$ 1.00 billion (2014) | |
US$ 423.1 million (2014) | |
Total assets | US$ 16.1 billion (2014) |
Total equity | US$ 4.9 billion (2014) |
Number of employees | 6,400 (2014) |
Divisions |
California American Water Hawaii American Water Illinois American Water Indiana American Water Iowa American Water Kentucky American Water New York American Water Maryland American Water Michigan American Water Missouri American Water New Jersey American Water Pennsylvania American Water Tennessee American Water Virginia American Water West Virginia American Water American Water Contract Services Group American Water Military Services Group American Water Resources |
Website | American Water Corporate |
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.[1] In 1914, American Water Works and Guarantee Company became American Water Works and Electric Company.[1] In 1947 it was reorganized as American Water Works Company, Inc.[2] The company was a subsidiary of the German-based RWE Group from 2001 to 2008,[3] but the company was divested on April 23, 2008 in an IPO on the NYSE.[4]
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.
See also
References
- Notes
- 1 2 "125 years of history". American Water. 2011. Retrieved 2015-07-11.
- ↑ About American Water
- ↑ RWE AG - RWE Group Websites
- ↑ American Water Prices Initial Public Offering
- General sources
http://www.amwaterresources.com/products-and-services/military-services/index.html
Further reading
- Cross, Gilbert (1991). A dynasty of water: the story of American Water Works Company. Voorhees, N.J.: American Water Works Co. ISBN 0961904917.
External links
-
- Business data for American Water: Google Finance
- Yahoo! Finance
- Reuters
- SEC filings