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American Water is the largest publicly-traded water and wastewater utility provider in the U.S., serving over 14 million people.
American Water is the largest publicly-traded water and wastewater utility company in the United States, with a history dating back to 1886. The company provides drinking water and wastewater services to over 14 million people across 24 states, primarily through its regulated utility segment which accounts for a significant portion of its revenues. In addition to serving residential and commercial customers, American Water operates contracts providing services for military installations and municipalities. The company emphasizes regulatory compliance, infrastructure investment, and environmental considerations in its business operations.
The company plans to invest between $34 billion and $38 billion over the next ten years to enhance its infrastructure, focusing on upgrading and replacing aging water and wastewater treatment facilities. The company's growth strategy includes pursuing acquisitions of existing utility systems, which allows for efficiency gains and expansion of service areas. Employing approximately 6,500 professionals, American Water uses a diverse range of sources for its water supply and adheres to stringent regulatory requirements for water quality and environmental sustainability, thereby positioning itself as a leader in the industry.
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