Aqua Americas Subsidiary Acquires Water Systems (WTR, SKS)
[Aqua plans to spend approximately $1.2 million on environmental and capital improvements over the next year]
Online PR News – 01-September-2012 –Aqua America, Inc. (NYSE:WTR) WTR reported today that its North Carolina subsidiary, Aqua North Carolina, Inc. (Aqua), has acquired the water system assets of Fox Run Water Co., Inc. and Moseley-Nash Enterprises, Inc. for approximately $175,000. The 12 water systems serve about 1,500 residents in Warren and Northampton counties. At full build-out, these water systems could serve approximately 2,100 residents. The acquisition is the latest for WTR, which has completed more than 200 acquisitions and growth ventures over the last decade. Aqua plans to spend approximately $1.2 million on environmental and capital improvements over the next year. Aquas Cary, North Carolina division will manage the new systems. WTR is one of the largest U.S.-based, publicly-traded water utilities serving almost 3 million residents in Pennsylvania, Ohio, Illinois, Texas, New Jersey, Indiana, Virginia, Florida, North Carolina, and Georgia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR. Visit www.aquaamerica.com for more information.
Saks Incorporated (NYSE:SKS) SKS reported today it will host a ribbon cutting ceremony to celebrate the official grand opening of its new distribution and fulfillment facility located in LaVergne, Tennessee on Friday, September 7, 2012 at 3:00 p.m. local time. The new distribution and fulfillment center occupies approximately 564,000 square feet of space in LaVergne, which is in Rutherford County and near the state capital of Nashville. The new center fulfills customers orders for saks.com, employs approximately 250 full-time associates, and is equipped with a state-of-the-art, sophisticated mobile-robotic fulfillment system. The Tennessee facility began shipping its first merchandise to customers in July 2012 and is currently fully operational. SKS operates 45 Saks Fifth Avenue stores, 64 Saks Fifth Avenue OFF 5TH stores, and saks.com. For more information about SKS visit www.saksincorporated.com.
Crown Equity Holdings Inc. (CRWE) CRWE previously launched a new online service company CRWE Direct. CRWE Direct (www.crwedirect.com) is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.
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