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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American Water Works | NYSE:AWK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.19 | -0.14% | 133.57 | 133.98 | 132.47 | 133.80 | 913,973 | 01:00:00 |
Company will invest more than $500 million statewide in 2024
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 useful life,” said Rich Svindland, president of Missouri American Water. “Proactive investments are more efficient and cost effective for our customers, and we carefully plan these projects to meet the needs of the communities we serve as well as state and federal regulations.”
Statewide, Missouri American Water is replacing over 90 miles of pipe this year. Replacing aging pipes improves system reliability, and in cases where water pipe is upsized, also enhances community fire protection.
Customers can view pipe replacement projects that are planned, in construction and recently completed on Missouri American Water’s website missouriamwater.com by clicking on “Pipe Replacement Map.”
Additional projects throughout the state include:
About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.
For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
About Missouri American Water Missouri American Water, a subsidiary of American Water, is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 1.6 million people. For more, visit missouriamwater.com and follow Missouri American Water on X, Facebook, Instagram, YouTube and LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240311656301/en/
Media: Christie Barnhart Senior Manager, External Communications Cell: 417-529-9781 Christie.barnhart@amwater.com
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