MECHANICSBURG, Pa.--(BUSINESS WIRE)--Justin Ladner, president of Pennsylvania American Water based in Mechanicsburg, Pa., was recently named to the Aspen Institute 2024 Class of Henry Crown Fellows. The Henry Crown Fellowship mobilizes a new breed of leaders, all between the ages of 30-46, to tackle the world’s most intractable problems. All are proven entrepreneurial leaders, mostly from the private business sector, who have reached a point in their lives where, having achieved success, they are ready to a ...

A month has gone by since the last earnings report for American Water Works (AWK) . Shares have lost about 4.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is American Water Works due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. American Water Q4 Earnings Beat Est ...

Core Insights - American Water and New Jersey American Water will participate in the AWWA NJ 2024 Annual Conference from March 19 to 22 in Atlantic City, focusing on critical issues in the water sector [1] - The conference will feature various sessions led by company representatives addressing topics such as PFAS management, water quality, and opportunistic pathogens [1] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [2] - The company has a history dating back to 1886 and employs approximately 6,500 professionals to deliver safe and reliable water services [2] - New Jersey American Water, a subsidiary of American Water, serves about 2.9 million people in New Jersey, making it the largest regulated water utility in the state [3]

ST. LOUIS--(BUSINESS WIRE)--Missouri American Water will begin accepting applications for its 2024 Hydration Station Grant Program on March 15. Last year the company awarded funding to seventeen schools, cities, and nonprofit organizations to purchase drinking fountains and bottle filling stations. “The program is designed to make safe and healthy hydration more accessible in public spaces while promoting environmental stewardship,” said Rich Svindland, President of Missouri American Water. “Programs tha ...

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it was recognized by Barron’s as one of the 100 Most Sustainable Companies 2024 for the seventh consecutive year. American Water was listed as the highest-ranked water and wastewater utility and ranked 31st overall. “American Water is proud to again be included on Barron’s list of most sustainable companies,” said Cheryl Norton, Executive Vice President a ...

American Water Works Company, Inc.’s (AWK) subsidiary, Illinois American Water, announced that it acquired the assets of the wastewater treatment plant of Granite City for $86 million. This acquisition will add 26,000 customers to Illinois American Water’s customer base in the region.Timely repair and maintenance of aging water and wastewater infrastructure are essential to provide high-quality 24x7 services to customers. As part of this acquisition deal, Illinois American Water plans to invest nearly $40 m ...

Core Insights - Illinois American Water has completed the acquisition of Granite City's wastewater treatment plant for $86 million, serving approximately 26,000 customer connections [1] - The acquisition follows a previous purchase of the wastewater collection system in 2020, indicating a long-term commitment to the region [1] - The company plans to invest approximately $40 million in capital improvements at the plant within the first five years of ownership [2] Company and Community Impact - Illinois American Water aims to leverage its resources and expertise to meet the water and wastewater needs of Granite City residents and businesses [2] - The sale is expected to preserve and transition all jobs for the current employees at the wastewater treatment plant [3] - Proceeds from the sale will enable Granite City to invest in other critical community needs [3] Regulatory Approvals - The Granite City Council approved the Asset Purchase Agreement on April 5, 2023, and the Illinois Commerce Commission approved the sale on January 31, 2024 [4] Company Background - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states [5] - Illinois American Water, as a subsidiary, is the largest investor-owned water utility in Illinois, providing services to approximately 1.3 million people [6]

ST. LOUIS--(BUSINESS WIRE)--Missouri American Water is investing more than $500 million in its water and wastewater systems statewide in 2024. The investments are focused on improving system reliability and resiliency by replacing aging infrastructure like pipes, pumps, and storage tanks and upgrading treatment plants. “Missouri American Water is investing to maintain and enhance safe and reliable service as many essential components of our water and wastewater systems are reaching the end of their usefu ...

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it will participate in the third annual Pay Equity Roundtable hosted by the Forum of Executive Women and the Philadelphia Business Journal. “We are thrilled to host American Water, a pay equity leader in principle and in practice, for our annual roundtable,” said Meghan Pierce, President and CEO, Forum of Executive Women. “American Water’s commitment to p ...

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 ...