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New Jersey American Water invests $28M in Salem City water upgrades, plans $48M more over 5 years

Company Fundamentals
22 Jun 2026
PRNewsWire
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Bullish
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New Jersey American Water has invested over $28 million in upgrading Salem City's water and wastewater systems since acquiring them in June 2024, with an additional $48 million planned over the next five years. Key improvements include wastewater plant upgrades, customer meter replacements, and a new PFAS treatment system to ensure safe drinking water. The company has also contributed over $766,000 to local community programs and supports the local workforce by retaining utility employees with enhanced training. These efforts aim to modernize infrastructure, improve service reliability, and strengthen community support in Salem City.

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