American Water (company)

American Water (company)
American Water Works Company, Inc.
Type Public
Traded as NYSEAWK
Industry Utilities
Sewage treatment
Founded 1886
Founder(s) James S. Kuhn, W.S Kuhn
Headquarters Voorhees, New Jersey, U.S.
Products Water
Revenue increase US$ 2.710 billion (2010)
Operating income increase US$ 748.091 million (2010)
Net income increase US$ 267.827 million (2010)
Total assets increase US$ 14.079 billion (2010)
Total equity increase 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 (NYSEAWK) 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

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