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TWST: Please begin with a brief historical sketch of the company and a picture
of the things you are doing at the present time.
Mr. DeBenedictis: First of all, our company is one of the oldest companies in
the country. We are about 120 years old and have been publicly traded for more
than 45 years, since the early 1960s. We have been in one business predominantly
all that time Ð the treatment and transport of water to our customers. The
company was founded by Swarthmore College professors over 120 years ago, because
they were concerned about pollution & way ahead of their time & and wanted to
make sure they had a safe water system. That same vision holds true today. TWST: What have been the principal drivers of the company's success over the
years?
Mr. DeBenedictis: I think sticking to our knitting is probably the most
important thing. Although we strayed a couple times along the way and got into
being a conglomerate, generally we have remained focused on one thing and that
is safe, reliable water and wastewater service for the customers.
Tickers included in this excerpt: WTR
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not make stock recommendations.
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