Profile: Artesian Resources Corp (ARTNA.O)

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Artesian Resources Corporation, incorporated on February 10, 1927, is a holding company. The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers in Delaware, Maryland and Pennsylvania. It provides wastewater services to customers in Delaware. It also provides contract water and wastewater operations, and water and sewer Service Line Protection Plans. The Company's subsidiaries include Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Management, Inc., Artesian Wastewater Maryland, Inc., Artesian Utility Development, Inc., Artesian Development Corporation and Artesian Consulting Engineers, Inc.

Artesian Water Company, Inc. is a public water utility in the State of Delaware and provides water service. It distributes and sells water to residential, commercial, industrial, Governmental, municipal and utility customers throughout the State of Delaware. In addition, Artesian Water Company, Inc. provides services to other water utilities, including operations and billing functions, and also has contract operation agreements with private and municipal water providers. Artesian Water Company, Inc. also provides water for public and private fire protection to customers in its service territories and owns land, rights-of-way, easements, transmission and distribution mains, pump facilities, treatment plants, storage tanks, meters, vehicles and related equipment and facilities throughout Delaware, of which the majority is used for utility operations. Artesian Water Maryland, Inc. distributes and sells water to residential, commercial, industrial and municipal customers in Cecil County, Maryland. Artesian Water Pennsylvania, Inc. provides water service to a residential community in Chester County. Artesian Wastewater Management, Inc. is a regulated entity that owns wastewater collection and treatment infrastructure and provides wastewater services to customers in Delaware as a regulated public wastewater service company. Artesian Wastewater Maryland, Inc. is a regulated wastewater entity in the State of Maryland and provides public wastewater services to customers in the State of Maryland.

Artesian Utility Development, Inc. designs and builds water and wastewater infrastructure and provides contract water and wastewater services on the Delmarva Peninsula. Artesian Utility Development, Inc. also evaluates land parcels, provides recommendations to developers on the size of water or wastewater facilities and the type of technology that should be used for treatment at such facilities, and operates water and wastewater facilities in Delaware for municipal and Governmental organizations. Artesian Utility Development, Inc. also contracts with developers for design and construction of wastewater facilities within the Delmarva Peninsula, using various technologies for treatment of wastewater at each facility. Artesian Utility Development, Inc. operates wastewater treatment facilities for the town of Middletown, in southern New Castle County, or Middletown. The facilities include two wastewater treatment stations. Artesian Utility Development, Inc. also operates a wastewater disposal facility in Middletown in order to support the wastewater facility. One of the wastewater treatment facilities in Middletown provides reclaimed wastewater for use in spray irrigation on public and agricultural lands in the area. Artesian Development Corporation is a real estate holding company that owns properties, including land zoned for office buildings, a water treatment plant and wastewater facility, as well as property for operations, including an office facility in Sussex County, Delaware.

Company Address

Artesian Resources Corp

NEWARK   DE   19702
P: +1302.4536900
F: +1302.4536957

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