Huntington Park is the latest client for Southwest Water Co.Huntington Park Huntington Park, city (1990 pop. 56,065), Los Angeles co., S Calif., a residential and industrial suburb of Los Angeles; founded 1856, inc. 1906. Its varied manufactures include metal, glass and rubber products and industrial equipment. is the latest client for Southwest Water Co. La Puente-based Southwest Water Co. has contracted with Huntington Park to operate the city's water and sewage collection systems Sewage collection systems Configurations of inlets, catch basins, manholes, pipes, drains, mains, holding basins, pump stations, outfalls, controls, and special devices to move wastewaters from points of collection to discharge. for its 72,000 residents. Under terms of the $691,000-a-year contract, Southwest Water will operate and maintain Huntington Park's five water wells, its reservoirs and pipes and the sewer collection system, and will also handle customer complaints. A public utility holding company, Southwest Water provides water and wastewater treatment services to cities and areas in eastern Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Orange counties, including the San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire. , where a Southwest Water subsidiary owns 53 wells. The $37.8 million-in-revenues company also has contracts with cities in other areas, including New Mexico and Mississippi. Southwest Water traded over-the-counter last week in the $16-a-share range, and has a 52-week trading range Trading Range The spread between the high and low prices traded during a period of time. Notes: When a stock breaks through or falls below its trading range after several days of trading in a range, it usually means there is momentum (positive or negative) building. of $13 a share to $18 a share. Southwest Water reported a net of $967,000 on revenues of $1.98 million in its third quarter, compared with netting $1.31 million on revenues of $11.03 million in the year-earlier period. |
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