Southwest Water Acquires Mississippi Utility
01 3월 2007 - 11:00PM
Business Wire
Southwest Water Company (NASDAQ:SWWC) today announced that it has
purchased North Mississippi Utility Co., Inc. which is comprised of
five water and wastewater systems that serve approximately 800
residents in Desoto County, a growing area just south of Memphis.
�This transaction augments our existing contract services
operations in northern Mississippi and dovetails with our strategy
of expanding into geographic markets with high population growth
rates,� said Mark A. Swatek, chief executive officer and chairman
of Southwest Water. �Our contract services division continues to
complement the utilities side of our business by, among other
things, serving as an excellent catalyst with regard to acquisition
opportunities.� Southwest Water Company provides a broad range of
services including water production, treatment and distribution;
wastewater collection and treatment; utility billing and
collection; utility infrastructure construction management; and
public works services. The company owns regulated public utilities
and also serves cities, utility districts and private companies
under contract. More than two million people from coast to coast
depend on Southwest Water for high-quality, reliable service.
Additional information may be found on the company�s website:
www.swwc.com.
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