American Water Works unit buys Pa. companies

Posted: January 03, 2013

Pennsylvania American Water announced Wednesday that it purchased two small "tuck-in" water systems in northeastern Pennsylvania in the final days of 2012 for $1.2 million.

The company, a subsidiary of American Water Works Co. Inc. of Voorhees, acquired the water system serving the Fernwood Resort in Monroe County, which consists of about 570 time-share units and six commercial customers, including a hotel complex, a convenience store, and restaurants built around Fernwood's golf course.

The company also purchased All Seasons Water Co. in Delaware Township, Pike County, which provides water service to about 100 residents.

   - Andrew Maykuth

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