American Water Acquires Shorelands Water Company
American Water has completed its acquisition of the Shorelands Water Company, a privately owned water utility that provides water services to more than 11,000 customers in Monmouth County, N.J. The acquisition was approved by the New Jersey Board of Public Utilities on March 24, 2017. The purchased assets will become part of New Jersey American Water.
“New Jersey American Water is proud to be the new water service provider for our new Shorelands customers. We have been providing safe, reliable service to customers in the state for more than a century, and we are committed to delivering that same standard of excellence to these new customers,” said Robert MacLean, president of New Jersey American Water. “This new system connects to our existing Union Beach system, and will enhance our supply, helping us achieve our goal of increased reliability for customers in our northeastern Monmouth County service areas.”
Shorelands was first established in 1926 as a supplier to the summer residents of West Keansburg. Under the guidance of the current owners since 1957, it grew to provide service to residents in the New Jersey communities of Hazlet, Holmdel, Union Beach, Keyport and Aberdeen, delivering approximately two billion gallons of water to customers annually.
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