Missouri American Water expands operations with Ironton systems acquisition
Missouri American Water has officially completed the acquisition of the water and wastewater systems of Ironton, Missouri, for a total purchase price of $3.7 million. This strategic acquisition, located about 80 miles south of St. Louis in Iron County, marks a significant expansion for the company within the Arcadia Valley in the St. Francois Mountains of the Ozark Plateau.
A Commitment to Quality and Regulatory Compliance
Rich Svindland, president of Missouri American Water, expressed honor in beginning to provide clean, safe, reliable, and affordable water and wastewater services to new customers in Ironton. This move follows the Missouri Public Service Commission’s approval, paving the way for future investments focused on enhancing water quality and achieving regulatory compliance.
In November 2022, Ironton residents strongly supported Proposition S, which facilitated the selection of Missouri American Water as their water and wastewater service provider.
Ironton Water and Wastewater Systems Join Missouri American Water for $3.7 Million
Brian Eisenloeffel, senior director of operations for Missouri American Water, highlighted the company’s extensive experience and expertise in the water and wastewater industry. Backed by their parent company, American Water, they are poised to make significant system upgrades and offer solutions to both large and small communities.
Investing in Ironton’s Water Future
Missouri American Water has pledged an investment of $8.4 million over the next decade to upgrade Ironton’s water and wastewater systems. These improvements aim to ensure regulatory compliance, enhance reliability, and improve water quality for the community.
Tim Ganz, director of water quality for Missouri American Water, emphasized the company’s commitment to environmental conservation, particularly in protecting the local streams and lakes in the Arcadia Valley. This includes efforts to preserve Stouts Creek and the local watershed, vital for wildlife and recreational activities.
Expanding Customer Reach
The acquisition brings approximately 700 water customers and 700 wastewater customers under the purview of Missouri American Water, expanding its service footprint and reinforcing its position as a key player in the utility sector.