American Water (AWK) Unit to Invest $8.5M in a Water Project
AWKAmerican Water Works pany(AWK) ZACKS·2024-07-11 02:25

American Water Works (AWK) announced that its unit, New Jersey American Water, will invest $8.5 million in Monmouth County water infrastructure to improve water service reliability in the region. The company will replace nearly 4,900 feet of aging water mains by changing the 30-inch transmission main that was installed in the 1970s with new 30-inch ductile iron mains.Proper maintenance and upgrade of the old infrastructure allow the company to meet rising demand from its residential and commercial customers ...