American Water (company)
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| Type | Public |
|---|---|
| Traded as | NYSE: AWK |
| Industry | Utilities Sewage treatment |
| Founded | 1886 |
| Founder(s) | James S. Kuhn, W.S Kuhn |
| Headquarters | Voorhees, New Jersey, U.S. |
| Products | Water |
| Revenue |  US$ 2.710 billion (2010) |
| Operating income | US$ 748.091 million (2010) |
| Net income | US$ 267.827 million (2010) |
| Total assets | US$ 14.079 billion (2010) |
| Total equity | US$ 4.132 billion (2010) |
| Employees | 7,700 (September 2010) |
| Divisions | California American Water Iowa American Water New Jersey American Water Pennsylvania American Water |
| Website | American Water Corporate |
American Water (NYSE: AWK) 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 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 in support of 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.
With headquarters in Voorhees, New Jersey, American Water has about 8,000 employees and provides services to approximately 16.2 million people in 32 U.S. states and Ontario, Canada.
See also
References
- Notes
- General sources
External links
Retrieved from : http://en.wikipedia.org/wiki/American_Water_(company)
