Pennsylvania American Water, announced today that it has acquired the Saxonburg Area Authority's water system in Butler County.
The purchase price of the newly acquired system, which serves a total of nearly 3,600 people, is approximately $6 million, according to a news release.
The system serves Saxonburg Borough and portions of Jefferson and Clinton townships. "With a history of water main breaks due to aging infrastructure, the system faced service reliability problems and high replacement costs," according to the release.
The company pledged to make "significant capital investments" in the system.
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