Pennsylvania-American Water Co. completes acquisition of Mid-Monroe Water Co.

Aug. 28, 2002
Pennsylvania-American Water Co. announced Friday that it has completed the acquisition of the water assets of Mid-Monroe Water Co.


HERSHEY, Pa., Aug. 28, 2002 -- Pennsylvania-American Water Co. announced Friday that it has completed the acquisition of the water assets of Mid-Monroe Water Co.

"Today, we celebrate the beginning of a new partnership between the associates at Pennsylvania-American and our newest customers in Middle Smithfield Township," said Robert M. Ross, PAWC president and CEO. The transaction expands Pennsylvania-American's water customer base by more than 600 people in Monroe County.

"It's a great fit for Pennsylvania-American," said Ross. "We are the regional provider of water and wastewater service in the area." Pennsylvania- American is the largest water utility in the state serving more than 2 million residents statewide. The company also has two other systems under agreement to be purchased, which serve Winona Lakes and Rustic Acres.

"For the Mid-Monroe customers, the transition will be transparent," said Ross. "We are committed to providing our new customers with the same high level of service and quality water our current customers are accustomed to receiving."

New customers to Pennsylvania-American will also benefit from the Company's state-of-the-art Customer Service Center, which is staffed with customer service representatives 24 hours a day, seven days a week. Customers can also take advantage of Pennsylvania-American's Automatic Payment Program, whereby customers can save time and money by paying for their water services directly from their checking or savings account. For more information on Pennsylvania-American's Automatic Payment Program or other services, customers can call toll-free (800) 565-7292.

"Completing the purchase of Mid-Monroe is cause for celebration. I speak for all our associates when I say that we look forward to serving our new customers. We take pride in being a good corporate neighbor and emphasize the importance of maintaining a presence in the communities we serve," said Ross. "Our team of professionals is ready and committed to meeting the needs of all of our customers recently and in the years to come."

About Pennsylvania-American: Pennsylvania-American provides reliable, quality service to over 2 million people in the Commonwealth. In total, the Company owns and operates 38 water treatment facilities, three wastewater plants and more than 8,000 miles of pipeline to serve customers in 357 communities in 35 counties. Pennsylvania-American, with the support of its parent company, American Water Works, has the technical capabilities of a nationwide network and the local knowledge to provide the highest quality water with personal service.

About American Water Works: American Water Works Company is the largest publicly traded U.S. corporation devoted exclusively to the business of water. Its 6,500 associates provide water, wastewater and other related services to 15 million people in 27 US states and three Canadian provinces. More information can be found on the web at www.amwater.com.

Source: Pennsylvania-American Water Company

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