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INDUSTRIAL | Water / Waste Water Treatment

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Stage

Acquired | Acquired

About Environmental Disposal Corporation

Environmental Disposal Corporation is an investor-owned wastewater utility that began operation in the 1980s to serve customers in The Hills Development, located across portions of Bedminster and Bernards Townships in New Jersey, which is now fully built-out. In addition, EDC provides bulk wastewater treatment services under long-term agreements with several surrounding communities.

Environmental Disposal Corporation Headquarter Location

601 Highway 202

Bedminster, New Jersey, 07921,

United States

908-234-0677

Latest Environmental Disposal Corporation News

American Water Works Ticks Lower Despite Completion Of Acquisition

Jan 5, 2016

Twitter Is Going Down - Cramer's Lightning Round (1/4/16) (Seeking Alpha) Shares of American Water Works Company Inc (NYSE: AWK ), the largest publicly traded water and waste-water utility company, were trading lower by more than 1.5 percent on Tuesday. American Water Works reported after Monday's close that it has completed its acquisition of all the issued and outstanding capital stock of the Environmental Disposal Corporation, a waste-water utility company based in New Jersey. Financial terms of the sale were not disclosed. Following the completion of the acquisition, American Water Works will begin servicing EDC's more than 5,300 customer accounts in New Jersey and waste-water treatment services in various boroughs. "Our operational and engineering expertise, familiarity with the service territory and dedication to customer service, as well as our commitment to make the necessary capital investments to meet or surpass state and federal standards, will ensure that these new customers will continue to receive exceptional wastewater service," Susan Story, president and CEO of American Water said in the company's press release. Shares traded recently at $59.79, down 0.88 percent. © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.  

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