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Home > Company Index > Utilities > Water Utilities > IWC Resources Corporation
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IWC Resources Corporation |
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PROFILE |
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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 |
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American Water Works Company, Inc. (AWK)
United Water Resources (dossier)
Utilities, Inc. (dossier)
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FINANCIAL OVERVIEW |
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1996 Sales (mil.): 183.00
1-Yr. Sales Growth: 24.4%
Employees: 351
Revenue per employee: $521,367.52
KEY PEOPLE |
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James T. Morris
CEO
David Kelly
CFO
CONTACT INFO |
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1220 Waterway Blvd.
Indianapolis, IN 46202
US
Phone: 317-639-1501
Fax: 317-263-6414
Online: Web Site
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