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Home > Company Index > Utilities > Water Utilities > IWC Resources Corporation

IWC Resources Corporation
 PROFILE
IWC Resources (IWCR) keeps Hoosiers wet, although not necessarily behind the ears. The holding company provides water service to 275,000 customers in Indiana. Its principal subsidiary, Indianapolis Water Company, is a regulated utility that has served "Naptown" since 1871. IWCR has other subsidiaries that supply water to seven counties in central Indiana. IWCR gets its water supply from the White River, streams, and reservoirs. The firm also operates wastewater treatment facilities in Indianapolis and Gary. Another subsidiary, Utility Data, provides billing and data processing services. Parent company NiSource must sell IWCR by 2003 as a condition of its completed merger with Colombia Energy Group.

 COMPETITION
American Water Works Company, Inc. (AWK)
United Water Resources (dossier)
Utilities, Inc. (dossier)

 FINANCIAL OVERVIEW
1996 Sales (mil.): 183.00
1-Yr. Sales Growth: 24.4%
Employees: 351
Revenue per employee: $521,367.52

 KEY PEOPLE
• James T. Morris
    CEO
• David Kelly
    CFO

 CONTACT INFO
1220 Waterway Blvd.
Indianapolis, IN 46202
US
Phone: 317-639-1501
Fax: 317-263-6414
Online: Web Site

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