American Water (company)

American Water Works Company, Inc.

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	Arizona American Water California American Water Hawaii American Water Illinois American Water Indiana American Water Iowa American Water Kentucky American Water Long Island American Water Maryland American Water Michigan American Water Missouri American Water New Jersey American Water New Mexico American Water Ohio American Water Pennsylvania American Water Tennessee American Water Texas American Water Virginia American Water West Virginia American Water
Website	American Water Corporate

The Iowa American Water Company plant in Davenport, Iowa on the banks of the Mississippi River

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.^[1] In 1947 it was reorganized as American Water Works Company, Inc.^[1] The company was a subsidiary of the German-based RWE Group from 2001 to 2008,^[2] but the company was divested on April 23, 2008 in an IPO on the NYSE. ^[3]

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

• Public utility
• Public services
• Drinking water
• Wastewater

References

Notes

1. ^ ^{a b} About American Water
2. ^ RWE AG - RWE Group Websites
3. ^ American Water Prices Initial Public Offering

General sources

• RWE Plans to Sell Two Water Utilities
• Water Company Makes Case for IPO

External links

• Company History