Southern Water Company: Difference between revisions

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''' Southern Water Company ''' (SWC) was in the purchasing of water and wastewater system in the southeast U.S. Its partner was Azurix Corporation the water services division of Enron Corporation. Today it owns water wells and helps municipalities with the growing number of mandates from government and increasing regulatory requirements. Southern Water Companies approach to public/private partnering and profit sharing has provided the most cost-effective mean to securing much needed capital for improvements and reduce cost over the long term. SWC also has a brand of bottled water sold through [[Red Mountain Beverage Company]]. SWC is owned by [[Birmingham]] based [[Linearstone Holding Corporation]].
''' Southern Water Company ''' ('''SWC''') is a company founded in [[2000]] by [[Glenn Herrin]] to buy and manage small municipal waterworks and wastewater treatment systems. It currently owns several water wells and contracts with municipalities for administrative services and regulatory compliance. It also markets a brand of bottled water through the [[Red Mountain Beverage Company]].
 
SWC was briefly partnered with Azurix North America, a failed division of the Enron Corporation which was sold to American Water Works in August 2001.  The company has also worked with [[Daryl Harms]], a [[Birmingham]] businessman and founder of "garbage to gas" company [[Masada Oxynol]] now run by [[Donald Watkins]], to help locate cities with wastewater and garbage needs. In [[2006]] ownership of the company was transferred from Longview Investment Company to [[Linearstone Holding Corporation]], both of which are controlled by Herrin.


==References==
==References==
*[http://www.bizjournals.com/birmingham/stories/2001/04/09/smallb1.html Thirst for water]
* Nicholson, Gilbert (April 6, 2001) "[http://www.bizjournals.com/birmingham/stories/2001/04/09/smallb1.html Herrin has a thirst for water]". ''Birmingham Business Journal''
 
 
 
 


[[Category:Industry]]
[[Category:Utilities]]

Latest revision as of 16:01, 26 October 2008

SWC.gif

Southern Water Company (SWC) is a company founded in 2000 by Glenn Herrin to buy and manage small municipal waterworks and wastewater treatment systems. It currently owns several water wells and contracts with municipalities for administrative services and regulatory compliance. It also markets a brand of bottled water through the Red Mountain Beverage Company.

SWC was briefly partnered with Azurix North America, a failed division of the Enron Corporation which was sold to American Water Works in August 2001. The company has also worked with Daryl Harms, a Birmingham businessman and founder of "garbage to gas" company Masada Oxynol now run by Donald Watkins, to help locate cities with wastewater and garbage needs. In 2006 ownership of the company was transferred from Longview Investment Company to Linearstone Holding Corporation, both of which are controlled by Herrin.

References

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