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American Water is a public utility company operating
in the United States and Canada. It was founded in 1886 as the American Water
Works & Guarantee Company. In 1947 it was reorganized as American Water
Works Company, Inc. The company was a subsidiary of the German-based RWE Group
from 2001 to 2008,but the company was divested on April 23, 2008 in an IPO on
the NYSE.
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 waste water 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.
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