Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
NEWARK, Del., June 29, 2017 -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, announced that today, its principal subsidiary, Artesian Water Company, Inc., acquired the water assets of the Cantwell Water Company of Odessa. The purchase leverages Artesian’s newly expanded franchise area in southern New Castle County and allows the 40 customers previously on the Cantwell system to benefit from the efficiency of connection with Artesian’s source of supply from the now fully-integrated system in New Castle County.
The Cantwell Water Company acquisition follows Artesian’s recent acquisition of water assets in the nearby Town of Odessa. Artesian’s system now extends water service to the Veteran’s Watchmaker Initiative, Odessa Town Hall, Cantwell’s Tavern, properties of the Historic Odessa Foundation and private residences that can now enjoy the peace of mind of Artesian’s assured supply and advanced technical expertise in the operation, maintenance and treatment of public water systems. Artesian will also provide water service to the Appoquinimink School District Building and Appoquinimink Early Childhood Center, a transition that will significantly improve water quality and reliability assured by the multiple sources in Artesian’s regionalized system.
“We value the trust and confidence our customers have in our expertise operating and maintaining facilities that protect and ensure the safety and quality of a precious resource. Our success in ensuring superior service to our customers for over 110 years reflects our commitment to operational excellence and the partnerships we have built along the way to ensure it,” said Dian C. Taylor, Chair, President and CEO. “We are pleased to offer our new customers in Cantwell and the surrounding community a reliable source of safe, high-quality drinking water, as well as, the accompanying efficiency of being interconnected to our fully-integrated system in New Castle County,” said Taylor.
About Artesian Resources
Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 7.6 billion gallons of water per year through 1,260 miles of water main to approximately 301,000 people.
Contact: Nicki Taylor Investor Relations (302) 453-6900 [email protected]
