Connecticut Water Continues Investing in Drinking Water Infrastructure
CONNETICUT WATER SERVICE (CTWS)
Last conneticut water service earnings: 8/8 01:45 pm
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US:NASDAQ Investor Relations:
ir.ctwater.com/overview/default.aspx
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Source: GlobeNewswire
CLINTON, CONNECTICUT, March 16, 2017 (GLOBE NEWSWIRE) -- Connecticut Water continues to do its part to maintain water system infrastructure to deliver safe, dependable drinking water. In 2016, more than $60 million was invested in water treatment, aging pipeline replacement, cyber security, and other improvement projects. In 2017, the Company plans to spend $46.7 million to continue enhancing system reliability, water quality, public fire protection, and protecting sensitive data. A report issued last week by the American Society of Civil Engineers on the nation’s infrastructure reaffirmed the need to invest in drinking water infrastructure. Craig C. Patla, Connecticut Water’s vice president of Service Delivery, stated, “Connecticut Water is at the forefront in replacing aging water infrastructure. The Company has invested $185 million, or nearly $2,000 per customer, over the past 10 years. We understand that our existing water systems will be relied on to serve families and comm
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