AWK American Water Works Company Inc.

New Jersey American Water Investing in New Main Installation Project in Fanwood

New Jersey American Water will be investing approximately $800,000 to install new water mains along North Avenue from Forest Road to Morse Avenue in Fanwood. The project includes the installation of approximately 2,720 feet of new 12-inch ductile iron pipes to replace aging pipes, as well as 55 utility-owned service lines and two new fire hydrants along the pipeline route. This investment project will continue to improve water service reliability and increase water flows for household consumption and fire protection in this community.

“This project represents a critical investment in support of our multimillion dollar commitment to replace aging infrastructure in order to continue provide customers with safe, reliable water service,” said Bob Schaefer, Senior Director of Operations for New Jersey American Water’s Central Region.

Construction will begin the week of January 30, and will be performed on weekdays from 7 a.m. to 5 p.m. Work on weekends and evenings is not expected unless required to maintain the project schedule. Weather permitting, the project should be completed by the end of April. Final paving and restoration will be completed in the fall of 2017.

Traffic control will be coordinated with the Fanwood Police Department. Service for trash, mail, school buses and emergency vehicles will be maintained during traffic disruptions. New Jersey American Water advises pedestrians and drivers to take caution in the vicinity of the work sites, obey traffic signs and follow any detour routes when driving in the area.

Customers may experience a slight temporary discoloration of water when the new main is connected to the service lines. If this happens, customers are advised to let a cold water tap in the home run until it is clear.

New Jersey American Water, a subsidiary of American Water, is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.7 million people. More information can be found at www.newjerseyamwater.com. With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. The company employs 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.

EN
26/01/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on American Water Works Company Inc.

American Water Works Company Inc: 1 director

A director at American Water Works Company Inc sold 2,825 shares at 143.280USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last ...

American Water Works Company, Inc.: Update to credit analysis

Our credit view of American Water reflects its geographically diverse holdings with operations in 24 states, constrained by its steady dividend growth rate ranging 7-9% over next five years.

American Water Works Company, Inc.: American Water cyber breach carrie...

A 3 October cyber incident disrupted customer service and may negatively affect customer relations and increase regulatory scrutiny.

 PRESS RELEASE

West Virginia American Water Receives Base Rate and Surcharge Orders f...

CHARLESTON, W.Va.--(BUSINESS WIRE)-- The Public Service Commission of West Virginia (PSC) issued an order late Friday, February 23 approving adjusted water and wastewater rates for West Virginia American Water customers following the company’s May 2023 request for a rate adjustment. The order authorizes an additional $18.4 million in revenue, driven by over $220 million in completed infrastructure investments made since 2020, including upgrades to water mains, treatment plants, tanks, valves, booster stations and other infrastructure necessary to maintain and improve water quality, service rel...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch