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Missouri American Water has successfully acquired the Hallsville wastewater system, providing services to about 700 customers in Boone County, Missouri. The acquisition, approved by the Missouri Public Service Commission, follows a ballot measure supported by over 68% of voters in November 2019. The company plans to invest approximately $3.3 million in the wastewater system over the next five years to enhance service reliability. Missouri American Water aims to deliver efficient operations, as highlighted by President Rich Svindland.
Positive
Successful acquisition of Hallsville wastewater system, expanding customer base by 700.
Investment of $3.3 million over five years to improve service.
Strong community support with over 68% voter approval for the acquisition.
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None.
HALLSVILLE, Mo.--(BUSINESS WIRE)--
Missouri American Water President Rich Svindland today announced the company has completed its acquisition of the Hallsville wastewater system, which serves approximately 700 customers in Boone County, Missouri.
“We are honored to provide safe, reliable wastewater service to our new customers in Hallsville,” said Svindland. “The approval by the Missouri Public Service Commission allows residents to benefit from our company’s experience and expertise in operating wastewater systems efficiently.”
More than 68 percent of voters in Hallsville supported the ballot measure in November 2019 to make Missouri American Water their trusted wastewater provider.
“We examined a lot of options and Missouri American Water was the best partner for our city. Our citizens overwhelmingly voted for this two years ago and we’re glad to finally see it come to fruition,” said Mayor Logan Carter of Hallsville.
Missouri American Water has committed to invest approximately $3.3 million in the city’s wastewater system over the next five years to improve service.
Missouri American Water is working with city officials for a smooth transition of service. Customers will receive welcome packets by mail with important customer information. Customers can access the company’s online customer service portal, MyWater, which provides a one-stop shop for viewing account details, signing up for paperless billing and autopay, reviewing service alerts, and more.
Missouri American Water
Missouri American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 1.5 million people. For more, visit missouriamwater.com and follow Missouri American Water on Twitter, Facebook,LinkedIn and Instagram.
American Water
With a history dating back to 1886, American Water (NYSE:AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs approximately 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to an estimated 14 million people in 25 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.
What is the significance of Missouri American Water's acquisition of the Hallsville wastewater system?
The acquisition expands Missouri American Water's services to approximately 700 new customers, enhancing their operational efficiency and service reliability.
How much is Missouri American Water investing in the Hallsville wastewater system?
Missouri American Water plans to invest approximately $3.3 million in the Hallsville wastewater system over the next five years.
When was the acquisition of Hallsville wastewater system approved?
The acquisition was approved by the Missouri Public Service Commission and follows a ballot measure passed in November 2019.
What percentage of Hallsville voters supported the acquisition?
Over 68% of Hallsville voters supported the ballot measure to make Missouri American Water their wastewater provider.
