Indiana American Water Acquires Mecca Water System in Western Indiana
GREENWOOD, Ind.--(BUSINESS WIRE)-- Indiana American Water President Alan DeBoy today announced the company's acquisition of Mecca Water Works, Inc., a non-profit water utility located in western Indiana. The purchase of the system adds approximately 315 customers to the company's customer base and serves a population of approximately 900 residents.
"The acquisition of this system gives Mecca customers continued access to water professionals and a convenient customer service center that is available 24/7," said DeBoy. "Indiana American Water already provides water to several communities in this part of the state, so this is a good fit for us and a continuation of our efforts to expand our presence across Indiana.
"In a time when communities are looking for new and innovative ways to deal with challenges they're facing and hold the bottom-line on expenses, this acquisition is a great solution for the utility and its customers," DeBoy continued. "Indiana American Water brings a broad range of experience, resources and knowledge to the community through this transaction that ultimately will have a positive impact on the area."
The acquisition of the Mecca system for approximately $ 445,000 was approved by the Indiana Utility Regulatory Commission in December, 2012 and finalized by Indiana American Water and the Mecca Water Works on February 6, 2013. The Mecca system management will be incorporated into the company's Terre Haute operating district, which currently serves nearly 85,000 residents.
About Indiana American Water
Indiana American Water, a subsidiary of American Water (NYS: AWK) , is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to more than 1.2 million people. Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 7,000 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More information can be found by visiting www.amwater.com.
Indiana American Water
KEYWORDS: United States North America Indiana
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