American Water Works Company, Inc - AWK STOCK NEWS

As winter approaches, Illinois American Water urges homeowners to take preventive measures against frozen pipes and water meters. Key recommendations include checking irrigation systems, identifying freezing points in the home, and protecting exposed pipes with insulation. During freezing temperatures, allowing a trickle of water to run can prevent pipes from freezing. Homeowners are encouraged to shut off water immediately if pipes freeze and to apply heat carefully to the affected areas. Illinois American Water provides services to approximately 1.3 million residents, highlighting its commitment to reliable water service.

Missouri American Water warns residents of potential frozen pipes due to upcoming frigid temperatures. The utility advises on preventive measures such as knowing the main water shut-off valve, draining irrigation systems, and insulating exposed pipes. In case of frozen pipes, customers should shut off the water, thaw pipes safely, and check for leaks after thawing. The company serves approximately 1.5 million people and aims to mitigate repair costs and service interruptions during the winter.

On Tuesday, residents of Ironton, Missouri approved Proposition S with 70% support, allowing Missouri American Water to provide water and wastewater services to the city. The company plans to invest $8.4 million over the next decade to upgrade local systems, ensuring regulatory compliance and improved water quality. This expansion could add approximately 1,400 customers to its service area. Missouri American Water, a subsidiary of American Water (NYSE: AWK), serves around 1.5 million people across Missouri.

Illinois American Water held its annual “Water Keeps Life Flowing” art contest for 3rd, 4th, and 5th graders in Illinois, emphasizing the significance of reliable water services. The contest received numerous submissions, with 26 winners awarded $100 donations for their classrooms. Vice President Beth Matthews highlighted the synergy between art and water service in community well-being. The company, a subsidiary of American Water (NYSE: AWK), serves approximately 1.3 million residents, promoting water education and community engagement.

Illinois American Water, a subsidiary of American Water (NYSE: AWK), announced on October 31, 2022, that Rebecca Losli has been appointed as President, succeeding Justin Ladner. Losli joined American Water in 2021, progressing from Director of Engineering for Missouri American Water to Vice President of Engineering and Business Development. She brings extensive experience in the water and wastewater industries. The company, serving 1.3 million people, remains focused on expanding services across Illinois.

Missouri American Water has announced the distribution of over $53,000 in grants to 44 fire departments and emergency organizations in Missouri through its 2022 Firefighter Grant Program. This initiative, which began in 2016, supports critical equipment, training, and community education. The company's commitment to safety is underscored by an investment of over $400 million this year to enhance service and reliability, including the replacement of older water mains. The program has awarded nearly 200 grants to date.

The California Coastal Commission staff has recommended approval for the California American Water Monterey Peninsula Water Supply Project (MPWSP) at a hearing on November 17, 2022. This project aims to provide a reliable water supply to the region, addressing a long-standing water crisis that has limited affordable housing and economic growth since the 1990s. With a phased approach, the initial phase will produce 4.8 million gallons of water per day, with potential expansion up to 6.4 million gallons. California American Water is committed to affordability and renewable energy for the project.

California American Water has successfully acquired the City of Bellflower's municipal water system for $17 million. This acquisition benefits approximately 1,800 homes and businesses, enhancing their access to reliable water services in Los Angeles County. The transition follows a decision by the California Public Utilities Commission. Customers will immediately gain access to services including online account management and 24-hour emergency support. Kevin Tilden, President of California American Water, expressed excitement about expanding their service footprint and commitment to providing high-quality service.