Global Water Resources, Inc.Phoenix, AZ, United States (NASDAQ (GS): GWRI Proposed)

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Global Water Company Description

Global Water Resources took the phrase "Think globally, act locally" to heart. The company provides water, wastewater, and recycled water utility services to 16 utilities it owns in 375 square miles of service area around Phoenix, Arizona. Its recycled water is treated and purified wastewater used for non-potable and outdoor purposes, sent through a separate system of pipes than drinking water. Global Water says its reclaimed water project saves up to 40% of drought-prone Phoenix's scarce groundwater. The private utility also extends water and wastewater infrastructure financing to regional developers and builders. Global Water Resources, Inc. formed in 2003 and made its initial public offering in May 2008.

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The Company Description provides a historical perspective of Global Water's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Global Water's evolution in the marketplace.

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