Artesian Continues Water & Wastewater Franchise Growth.WILMINGTON, Del. -- Artesian Ar`te´sian a. 1. Of or pertaining to Artois (anciently called Artesium), in France. Artesian wells wells made by boring into the earth till the instrument reaches water, which, from internal pressure, flows spontaneously like a Resources Corporation's principal water and wastewater subsidiaries added more than 23 square miles A square mil is a unit of area, equal to the area of a square with sides of length one mil. A mil is one thousandth of an international inch. This unit of area is usually used in specifying the area of the cross section of a wire or cable. of franchise area through Certificates of Public Convenience and Necessity (CPCNs) awarded in 2007. For the fourth consecutive year, Artesian Water Company, Inc. has added at least 15 square miles of water franchise territory in Delaware. The company received CPCNs for a total of 9,730 acres, or 15.2 square miles, in 2007. This included 4,348 acres in New Castle County, 4,067 acres in Sussex County Sussex County may mean: In the United States:
Artesian Wastewater Management, Inc. posted its largest increase ever by adding 5,248 acres, or 8.2 square miles, of franchise area in Delaware in 2007. The entirety of this growth was in Sussex County. An additional 796 acres, or 1.24 square miles, of franchise area in Sussex and Kent counties has been added through CPCNs awarded in the first quarter of 2008. A third subsidiary, Artesian Water Maryland, Inc., was awarded a franchise area of approximately 100 acres through its purchase of the Carpenters Point Water Company in Cecil County. Acquiring this relatively small franchise was significant in providing a base from which the company will expand into the surrounding area. "Our expansion within the state of Delaware and into the designated growth area of Cecil County, Maryland Cecil County is a county located in the U.S. state of Maryland. It is part of the Delaware Valley metropolitan area. It was named for Cæcilius Calvert, 2nd Baron Baltimore (1605-1675), who was the first Proprietary Governor of the colony of Maryland from 1632 until his death in , has positioned Artesian to be the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae water and wastewater provider on the Delmarva Peninsula Delmarva Peninsula Peninsula, eastern U.S. Extending between Chesapeake and Delaware bays, it is about 180 mi (290 km) long and up to 70 mi (110 km) wide. Encompassing parts of the states of Delaware, Maryland, and Virginia—hence its name—it includes Maryland's ," said Artesian President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dian C. Taylor. "We will continue our strategy of steady growth in both our water and wastewater businesses." About Artesian Artesian Resources Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARTNA) operates as the holding company of six wholly-owned subsidiaries offering water and wastewater services. Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned public water utility on the Delmarva Peninsula, and has been providing water service since 1905. Artesian Water distributes and sells water to residential, commercial, industrial, governmental, municipal and utility customers. Other subsidiaries include Artesian Water Maryland, Inc., Artesian Water Pennsylvania, Inc., Artesian Wastewater Management, Inc., Artesian Utility Development, Inc., and Artesian Development Company. |
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