American Water (AWK) Arm to Buy Manville Wastewater Assets
AWKAmerican Water Works pany(AWK) Zacks Investment Research·2024-03-09 02:50

American Water Works Company, Inc.’s (AWK) subsidiary, New Jersey American Water, announced that it entered an agreement to acquire the wastewater collection system of Borough of Manville, NJ, for $6.5 million. This acquisition will add 3,700  customers to New Jersey American Water’s portfolio.Aging of water and wastewater infrastructure are big concerns for the water industry. Timely repairs and maintenance of aging water, and wastewater infrastructure are essential to providing high-quality 24x7 services ...