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Stock impact report

New Jersey American Water Invests $12 Million in South Plainfield Infrastructure

American Water Works Company, Inc. (AWK) 
Last american water works company, inc. earnings: 2/18 04:37 pm Check Earnings Report
US:NYSE Investor Relations: ir.amwater.com
Company Research Source: Business Wire
CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water will rehabilitate approximately 3,500 feet of aging 60-inch transmission main in South Plainfield this fall. The company will employ an award-winning technique that involves lining the pipe with carbon fiber along Wooden Avenue from Beatrice Place to Metuchen Road. The project also includes the reconstruction of existing manholes and valve pits along the pipeline route.This $12 million investment will continue to advance water service reliability and increase water flows for household consumption and fire protection in this community. This improvement is part of New Jersey American Water’s multimillion-dollar initiative to accelerate the renewal of water infrastructure that has reached the end of its useful life in more than 100 communities across the state.New Jersey American Water’s local, qualified contractor, Schilke Construction Co., will begin work early November and expects to finish by April 2020, weather permitting. Show less Read more
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