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Stock impact report

California Water Service Group Invests Nearly $274 Million in Water System Infrastructure in 2019

California Water Service Group (CWT) 
Last california water service group earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: ir.calwatergroup.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., March 10, 2020 (GLOBE NEWSWIRE) -- As part of its promise to provide quality, service, and value to its communities, California Water Service Group invested $273.8 million in water system infrastructure in its service areas in 2019. Among the projects completed last year to keep its systems safe and reliable were: Installation of 145,881 feet of new water main to replace aging pipes across its California service areasA groundwater treatment facility with two wells in East Los Angeles that can produce and treat 5 million gallons of water per dayOne new treatment plant in Visalia to remove 1,2,3-trichloropropane (TCP) from a well and enable the district to again utilize this source of supply for local customersReplacement of three critical pump stations in the company’s Chico, Bear Gulch, and Dominguez systemsInstallation of 11 permanent backup power generators in the Bear Gulch, Palos Verdes, Salinas, Bakersfield, and Chico systemsConnection of the Peacock Hil Show less Read more
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