AWK
- American Water Works Company, Inc.
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Overview
Company Summary
American Water Works Company, Inc. (AWK) is a publicly traded utility company headquartered in the United States. It is the largest investor-owned water and wastewater services provider in the country. AWK specializes in the provision of water and wastewater services for residential, commercial, industrial, and municipal customers.
As a water utility company, AWK operates in two major segments: regulated and market-based businesses. In its regulated segment, the company provides water and wastewater services to approximately 15 million people in 46 states and in Ontario, Canada. It operates under various subsidiary companies that are regulated by state public utility commissions or equivalent regulatory authorities. AWK manages water treatment plants, distribution networks, and wastewater treatment facilities to ensure the delivery of safe and reliable water and wastewater services to its customers.
In addition to its regulated operations, AWK also has market-based businesses that provide services outside the strict regulatory framework. This includes providing water and wastewater services to military bases, operating water and wastewater systems under public-private partnerships, managing water supply projects for industrial customers, and offering various wastewater and water-related services to municipalities and commercial entities.
As a company, AWK places a strong emphasis on sustainability, innovation, and customer satisfaction. It focuses on investing in infrastructure improvements, water conservation initiatives, and advanced technology to enhance the efficiency and quality of its services. AWK also actively participates in community outreach programs and environmental stewardship initiatives.
In summary, American Water Works Company, Inc. is the leading provider of regulated water and wastewater services in the United States and Canada. With a commitment to delivering safe and reliable water, the company plays a crucial role in providing an essential resource to communities and businesses across its service areas.