American Water Works Company, Inc. (American Water) is a leading provider of essential water and wastewater services, serving over 15 million people in more than 30 states and two Canadian provinces. The company's primary segments include Regulated Businesses and Market-Based Operations. With a rich history dating back to 1886, American Water has established its reputation as a key player in the water industry. In recent years, American Water has expanded its reach through strategic acquisitions and investments. In December 2013, the company successfully acquired water system assets from the city of Whitwell in southeast Tennessee. Following this, in April 2014, its subsidiary Missouri American Water acquired water and wastewater system assets from the Emerald Pointe development near Branson in southwest Missouri. Moreover, during the same month, American Water Works Company Inc gained ownership of Yankeetown Water, a member-owned water utility in southwestern Indiana. Most notably, the company received a significant $569.55K grant investment on 21 February 2024, with the Water Research Foundation as the investors. With a strong focus on "Connecting millions with clean and reliable water services across North America," American Water continues to showcase its commitment to innovation, growth, and sustainability in the water sector.
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