August 5, 2016 |
American Water of Voorhees said Wednesday it signed an agreement to acquire the Shorelands Water Company, a privately owned water utility serving more than 11,000 customer accounts in Monmouth County, N.J. The agreement, for an undisclosed price, is subject to the review and approval of the New Jersey Board of Public Utilities. Shorelands, founded 90 years ago to supply the summer residents of West Keansburg, now provides service to residents in Hazlet, Holmdel, Union Beach, Keyport and Aberdeen.
June 18, 2016 |
Aqua America Inc., the Bryn Mawr water utility, has hired a 20-year veteran of the Philadelphia Water Department as its chief environmental officer. Christopher S. Crockett, the department's deputy commissioner, will be responsible for overseeing water quality and environmental compliance for all Aqua America's drinking water and wastewater systems in eight states. He will also manage Aqua's in-house laboratory and the company's water-quality services and water-resources engineering departments.
February 19, 2016 |
ATLANTIC CITY - Future control of its drinking water continued to vex this beleaguered seaside city Wednesday, as it faced a looming state takeover and unrelenting outside interest in its water utility. The City Council was set to vote on bringing the water authority under direct city control in an effort to both monetize it and stave off private interests. But after a closed-door meeting, the council voted to delay any vote for 90 days. Meanwhile, the current head of the Municipal Utility Authority, G. Bruce Ward, made a plea to keep the department an independent authority - but also said he planned to seek a "private partner" who would kick in $100 million to the authority.
February 4, 2016 |
New Jersey Senate President Stephen Sweeney told the Inquirer Editorial Board on Tuesday that he now wants Atlantic County to buy Atlantic City's much-coveted water utility, and to use its good credit to help the cash-strapped city pay off $160 million in tax refunds owed the Borgata Hotel & Casino. Sweeney noted that unlike downgraded Atlantic City and the State of New Jersey, the county's credit rating is solid. "They have access to markets," he said. "The county could do all that stuff," Sweeney said during a one-hour meeting, part of a tour of newspaper editorial boards to promote his plans for North Jersey casinos and Atlantic City intervention.
December 23, 2015 |
Camden City Council members voted Monday to hand over operation of the water and sewer system serving most of the city to American Water, the state's largest private water utility. American Water is expected to take over from the current operator, United Water, in February. Before the unanimous vote, Council President Frank Moran said he believed American would remedy problems that have plagued the city for years, such as brown tap water in some parts of Camden. "We live in this great country.
June 10, 2015 |
Voorhees-based American Water Works has asked the New Jersey Economic Development Authority (EDA) for $164 million in tax credits to move its headquarters to Camden. The application is to be considered at Tuesday's meeting of the EDA at the Waterfront Technology Center in Camden. The EDA also will consider a request from a joint Rowan University/Rutgers-Camden board for $50 million to build a "health sciences" building in the city, according to the agenda. That building, on Broadway near Cooper Medical Center, would have classrooms, lab space and offices, and would house Rutgers-Camden's Center for Computational and Integrative Biology.
June 5, 2015 |
Aqua America Inc. on Wednesday named Christopher H. Franklin, an executive vice president who oversees Aqua's utility operations, to replace longtime CEO Nicholas DeBenedictis. Franklin, 50, chief operating officer of Aqua's regulated water and wastewater operations, will take over on July 1. DeBenedictis, 69, who has been CEO since 1992, will become nonexecutive chairman of the Bryn Mawr company. Franklin, who followed DeBenedictis from Peco to the water utility in 1992, was instrumental in the transformation of the local company, then called Philadelphia Suburban Water, into Aqua America, which now has operations in eight states.
April 20, 2015 |
Few of us are fond of mild, rainy summers like the one the Philadelphia region experienced last year. Nick DeBenedictis is definitely not a fan. DeBenedictis is chairman and CEO of Aqua America, the Bryn Mawr water utility that operates in eight states, including Pennsylvania and New Jersey. Wet summer weekends dampen demand: Too much free product falls from the sky. Gardeners don't water; cars don't get washed. "Two straight years, we've had pretty depressed sales," he said in an interview last week.
November 22, 2014 |
Earl Harold Graham, 92, a decorated World War II veteran and former president of the Philadelphia Suburban Water Co., died Wednesday, Nov. 12, of heart disease at his home in Pompano Beach, Fla. Mr. Graham was a longtime resident of Springfield, Delaware County, before retiring to Florida. Born in Philadelphia, he graduated from Northeast High School. After the Japanese bombed Pearl Harbor, he enlisted in the Army to fight in World War II. He was assigned to the 83d Infantry Division, 308th Combat Engineer Battalion.
May 2, 2014 |
Kenneth E. Shull, 97, formerly of Media, a chemist and executive for the Philadelphia Suburban Water Co., died Tuesday, April 22, of congestive heart failure at White Horse Village. Mr. Shull's enthusiasm for science started early and blossomed into a career choice, said his son, Dave. "When he was young, he built a laboratory in his basement. It was quite sophisticated," his son said. Mr. Shull worked for Philadelphia Suburban Water Co., now Aqua America Inc., in Bryn Mawr for 45 years, starting in 1938 as a chemist and bacteriologist, and becoming chief chemist and then superintendent of water treatment in 1956.