American Water Acquires Environmental Management Corp.

American Water, the largest investor-owned U.S. water and wastewater utility company, announced in December that its subsidiary, American Water Enterprises, has acquired Environmental Management Corp. (EMC) from The Linde Group. EMC, a Missouri-based company, provides integrated solutions for water, wastewater and other related assets. EMC has approximately 55 contract operations with industrial and municipal customers in the United States and Canada.? ?

?American Water is very pleased to add a company of the caliber of EMC to our business,? said Don Correll, president and CEO of American Water. ?EMC has solid experience in the development of sustainable and innovative solutions for the management of water and wastewater needs, as well as a portfolio of contracts that is very complementary to American Water Enterprises? existing business. This acquisition will also bring a new element to AWE?s business with the addition of EMC?s large base of industrial customers and it will contribute to the earnings growth goals of American Water.?

EMC was formed in 1980 as a contract operations firm with a focus on municipal wastewater and water operations. For more than 20 years, EMC experienced steady growth and, by 2001, became one of the largest privately held contract operators in the United States. From 2002 to 2008, EMC transformed itself from a traditional operator to an integrated solutions provider, which allowed it to diversify its customer base to include the private sector in a variety of industries. With almost 300 employees and revenues of approximately $50 million in 2008, EMC provides its contract services for up to 20-year terms.

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American Water Acquires Environmental Management Corp.

American Water, the largest investor-owned U.S. water and wastewater utility company, announced in December that its subsidiary, American Water Enterprises, has acquired Environmental Management Corp. (EMC) from The Linde Group. EMC, a Missouri-based company, provides integrated solutions for water, wastewater and other related assets. EMC has approximately 55 contract operations with industrial and municipal customers in the United States and Canada.? ?

?American Water is very pleased to add a company of the caliber of EMC to our business,? said Don Correll, president and CEO of American Water. ?EMC has solid experience in the development of sustainable and innovative solutions for the management of water and wastewater needs, as well as a portfolio of contracts that is very complementary to American Water Enterprises? existing business. This acquisition will also bring a new element to AWE?s business with the addition of EMC?s large base of industrial customers and it will? contribute to the earnings growth goals of American Water.?

EMC was formed in 1980 as a contract operations firm with a focus on municipal wastewater and water operations. For more than 20 years, EMC experienced steady growth and, by 2001, became one of the largest privately held contract operators in the United States. From 2002 to 2008, EMC transformed itself from a traditional operator to an integrated solutions provider, which allowed it to diversify its customer base to include the private sector in a variety of industries. With almost 300 employees and revenues of approximately $50 million in 2008, EMC provides its contract services for up to 20-year terms.

Inland Pipe Rehabilitation Acquires Improved Technologies Group

Detroit, Mich.-based Inland Pipe Rehabilitation (IPR), a leading provider of underground rehabilitation solutions with offices throughout the United States, has acquired Improved Technologies Group LLC (ITG), a Knoxville, Tenn.-headquartered sewer rehabilitation company. Joseph A. Cutillo, president and CEO of IPR, made the announcement.

The acquisition is a result of Inland Pipe Rehabilitation?s dedication to providing the most comprehensive portfolio of underground rehabilitation solutions throughout the United States. The addition of ITG to the IPR family of companies will strengthen the company?s presence in the Southeast, while also supplementing IPR?s rapidly evolving roster of underground rehabilitation solutions. IPR is the country?s leading provider of pipe bursting and environmentally friendly rehabilitation services. The company also specializes in executing cured-in-place pipe (CIPP), a trenchless rehabilitation method that enables underground construction to occur without any disruption to communities.

ITG, with the addition of its owned and operated wet-out facility, enables IPR to continue to expand its? capabilities and coverage to even more clients. The addition of ITG, combined with IPR?s existing Underground Technologies business in Knoxville, Tenn., Inland Waters Pollution Control in Atlanta, Ga., and PM Construction business in Jacksonville, Fla., allows IPR to offer more underground technologies and coverage areas than any other company in the Southeast.

?We are thrilled at the enormous potential this acquisition affords IPR and welcome ITG?s well respected and experienced Sam Elmore as he continues to manage day-to-day operations in Knoxville,? said Cutillo. ?As the demand increases for trenchless rehabilitation solutions, together, IPR and ITG will continue to develop the best solutions for our clients.?

IPR has experienced tremendous success nationwide and has expanded its solution offerings and locations
dramatically since 2006 through the acquisitions of Ontario, Calif.-based RePipe and Houston, Texas-based PM Construction, both of which now operate as affiliates of IPR. The unprecedented growth of the company has led to new offices in Georgia, Texas, California and now Tennessee in the past three years.

PAB Bill Gaining Traction

H.R. 537, Rep. Pascrell?s (D-N.J.) water private activity bond bill is gaining significant support largely due to
its jobs-making potential. The Pascrell bill would create 57,000 jobs this year. Furthermore, as the market matures the jobs creation could be up to 142,500 a year, yet cost the American taxpayer very little, only $214 million over 10 years. Most importantly, the jobs this bill creates would be put to work addressing our nation?s water infrastructure needs.

Specifically, H.R. 537 would bring water and wastewater projects out from under the volume cap on private activity bonds, and thus dramatically increase the availability of this type of low-cost financing.

The bill has already attracted more cosponsors (35) than similar bills attracted in previous Congresses, and more are expected. The 23 Democrats and 12 Republicans currently supporting H.R. 537 make this a strong bipartisan bill. Furthermore, the cosponsors represent every region of the country, and urban, suburban and rural districts.

A broad coalition of nearly 35 organizations has formed to support H.R. 537. This coalition includes NAWC, the U.S. Conference of Mayors? Urban Water Council, American Water Works Association (AWWA), the Associated General Contractors, American Water and many others.
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SOURCE: National Association of Water Companies

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