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Salem Water Plant completes $21.3M PFAS treatment upgrade, ensuring safer drinking water.

Market News
27 Oct 2026, 23:45 WIB
PRNewsWire
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Bullish
Salem Water Plant completes $21.3M PFAS treatment upgrade, ensuring safer drinking water.

The Salem Water Treatment Plant in New Jersey has completed a $21.3 million project to install permanent PFAS treatment, meeting federal and state water safety standards. This upgrade modernizes critical infrastructure and enhances water quality, reliability, and safety for Salem and nearby townships. New Jersey American Water fast-tracked the project after acquiring the system in 2024, with the treatment system operational since late 2025. The company plans further investments to continue improving water services in the area.

American Water Works Company Inc (AWK) shares are trading near their 52-week high of $143.23, currently priced at $141.12 on Pluang as of Oct 28, 2026 03:41 WIB, showing a slight 0.41% decline in the last day. The stock’s dividend yield stands at 2.53%, with investors holding positions for an average of 87 days. Despite the recent project completion, the stock remains close to its peak price within the past year, indicating steady investor confidence.

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