New York Water Service provides public water to approximately 135,000 residents in the well established, populated area of southeastern Nassau County, Long Island, New York in the communities of Merrick, North Merrick, Bellmore, North Bellmore, Wantagh, Seaford, and portions of Levittown and Massapequa. [ more ]

Financial details of the agreement were not disclosed. Connecticut Water said that it would have cost much more to develop access and obtain the permits to tap an additional 1 million gallons of water per day for customers in Guilford.

The agreement lasts for 50 years, and can be renewed in 20-year blocks thereafter. Connecticut Water shares rose 27 cents to $25.63 in afternoon trading on the New York Stock Exchange.

The Board on April 26, 2006 approved a 2.4%, or a $0.02 annual increase in the Class A Non-Voting and Class B Common shareholders' dividend. The quarterly dividend of $0.2285 per share is payable May 26, 2006 to shareholders of record at the close of business on May 10, 2006. The cash dividend will be paid prior to the stock split. [ more ]

The dividend is payable July 31, 2006 to shareholders of record at the close of business June 30, 2006. [ more ]

I've been beating the drum on water as an investment idea for a while now, but I haven't actually bought any company that's a pure play on the space. Why? Well, valuations have gotten a little too healthy... Aqua America continues to draw my interest. After rising more than it probably deserved, it's now sliding further (and faster) than it probably should, given its underlying numbers. [ more ]

Basin Water is a small company with a small IPO led by a regional underwriter. The opening pop won't be hefty, but the company's long-term returns could be substantial. This deal requires guts and is worth a long look. [ more ]

Changsha Valve Works is a leading manufacturer of large diameter hydraulic actuated butterfly valves for thermo-power and hydro-power plants, water distribution projects and water works projects in China. [ more ]

The aeration systems are designed to remove hydrogen sulfide (H2S) and carbon dioxide (CO2) dissolved gases from contaminated groundwater as part of the process designed to make the groundwater suitable for public use. Each aerator is designed to treat 6 million gallons per day. All equipment will be constructed of Duall's unique NSF approved DUALLast(TM) fiberglass reinforced plastic with thermoplastic inner liner and will be fabricated in Duall's Owosso, Michigan manufacturing facility. [ more ]

Oil dominates the world economy. But get ready. There's a new liquid in town -- one that could prove to be an equally potent source of both geopolitical conflict and entrepreneurial activity.

By 2025, water will become the most serious resource problem in the world economy, according to the Center for Strategic and International Studies, a Washington think tank. The problems are twofold, researchers say.

First, the supply of water and the demand for it are rarely in the same place. For example, China has about 21 percent of the world's population but only 7 percent of its water.

Second, an astonishingly small amount of the world's water is actually usable. Water pollution is already the single largest cause of sickness and death worldwide. Indeed, CSIS's Global Strategy Institute says if all the water on Earth were compressed to a single gallon, only four ounces would be fresh water. Of that four ounces, only two drops would be readily accessible. [ more ]

Krystil Klear expands Pentair's industrial filtration product offering to include a broad range of steel and stainless steel housing and filtration solutions. Pentair's filtration business serves the residential, municipal, commercial, and industrial markets with filtration housings, cartridge elements, tanks, valves, and other filtration system components. [ more ]