Water Infrastructure – A Link To Economic Growth In New Jersey

New Jersey American Water:
 

WHAT:

Water is not only essential for life, it’s essential for the growth of New Jersey’s economy. New Jersey American Water, in a business partnership with the New Jersey Department of Environmental Protection (DEP) and the New Jersey Board of Public Utilities (BPU) will host “The Link between Water Infrastructure & a Healthy Business Climate” a half-day summit to discuss the importance of water infrastructure investment in New Jersey.
 
A distinguished panel will examine the challenges facing water infrastructure renewal including financing, aging infrastructure and regulated environmental mandates.
 

WHO:
Robert Hanna, president of New Jersey BPU; David Baker, president of New Jersey American Water; Mike Kirwan, CEO of Somerset County Business Partnership; Michele Siekerka, asst. commissioner of New Jersey DEP; James Hughes, dean of Bloustein School at Rutgers University; Dennis Doll, CEO of Middlesex Water Company; Alan Brady, managing director of PlanSmartNJ; and Phillip Beachem, president of New Jersey Alliance for Action.
 

WHEN:
Friday, August 3, 2012
8 a.m. – 11:30 a.m.
 

WHERE:
New Jersey American Water
Canal Road Water Treatment Plant
701 Randolph Rd
Somerset, NJ
 

WHY:
The American Society of Civil Engineers’ Report Card for American Infrastructure has given our nation a “D-“rating in infrastructure. New Jersey is in need of extensive upgrading to its infrastructure can support the state’s growing population. By 2020, approximately 15 percent of new Jersey American Water’s nearly 9,000 miles of water and sewer main will be 100 years old and nearing the end of its useful life. The company believes that investing and upgrading water infrastructure maintains reliable water service that will sustain future development in New Jersey, makes the state attractive to business, and creates employment opportunities.
 

New Jersey American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.5 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 more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in more than 30 states, as well as parts of Canada. More information can be found by visiting www.amwater.com.

Copyright Business Wire 2010

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