Suez North America
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| Subsidiary | |
| Industry | Utilities |
| Founded | 1869 |
| Headquarters | Paramus, New Jersey, USA |
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Key people
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Eric Gernath |
| Products | Water treatment, waste management |
| Revenue | $764 million (2013) |
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Number of employees
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2,350 (2013) |
| Parent | Suez Environnement |
| Website | www |
Suez North America, founded as Hackensack Water Company in 1869 and later named United Water, is an American water service company headquartered in Paramus, New Jersey. It owns and operates 16 water and waste water utilities, and operates 90 municipal water and waste water systems through public-private partnerships and contract agreements. The company has over 2,300 employees, and in 2013, United Water generated $764 million in revenue, and managed $3.2 billion in total assets. United Water became a subsidiary of Suez Environnement, a French-based utility company, in 2000. It changed its name to reflect that of its parent company in 2015.
The company was founded as Hackensack Water Company in 1869 as a water supply and storage company, originally serving the city of Hackensack and the towns of North Hudson. It grew over the decades, extending its service to other towns of northern New Jersey and building several reservoirs, including Oradell Reservoir and, in partnership with the Spring Valley Water Company just across the New York state line, Lake DeForest. For a time in the early 20th century, it supplied Hoboken, although Hoboken later switched its water supply to the Jersey City water system.
In 1983, Hackensack Water reorganized into United Water Resources, Inc., and in 1994 it acquired General Waterworks Corporation for $200 million. In 2000, Suez Environnement acquired United Water.
In April 2014, United Water was given a $5.5 million state tax break from the New Jersey Economic Development Authority to prevent the company from moving its headquarters out of New Jersey and into New York. The company still planned to move out of Harrington Park, considering two New Jersey locations. In June 2015, Suez Environnement opened their new North American Corporate Headquarters in Paramus, New Jersey.
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Wikipedia