Tennessee American Water announced today that it has completed its $1.5 million purchase of the water system assets from the city of Whitwell, Tenn.
The Chattanooga water utility will pick up 2,800 customers in Marion and Sequatchie county through the acquisition. Tennessee American officials said they will soon hold community meetings to talk about their service and planned improvements.
The Tennessee Regulatory Authority (TRA) approved the water system sale in February 2013.
"Tennessee American Water has been delivering high-quality, reliable water service to customers in Tennessee and North Georgia for 126 years," Tennessee American Water President Deron Allen said in a statement today. "With this acquisition, we will expand our existing footprint of operations in Marion County and help ensure local residents have access to a long-term, reliable water supply for years to come."
Allen said the company also plans to send new customer information by mail to Whitwell customers to ensure a smooth transition.
Over the next few years, Tennessee American Water plans to make needed investments to renew and replace the aging water infrastructure in the communities and areas currently served by the Whitwell water system.