American States Water Company (NYSE:AWR)
The Board of Directors of American States Water Company approved a quarterly dividend of $0.26 per share on the Common Shares of the Company. This action marks the 298th consecutive dividend payment by the Company. For more than 56 consecutive years, AWR shareholders have received an increase in their aggregate annual dividend.
Dividends on the Common Shares will be payable on December 1, 2010 to shareholders of record at the close of business on November 8, 2010.
American States Water Company is the parent of Golden State Water Company, American States Utility Services, Inc., and Chaparral City Water Company. Through its subsidiaries, AWR provides water service to approximately 1 out of 36 Californians within 75 communities throughout 10 counties in Northern, Coastal and Southern California, (approximately 255,000 customers) and to over 13,000 customers in the Town of Fountain Hills, Arizona and a small portion of Scottsdale, Arizona. AWR also distributes electricity to over 23,000 customers in the Big Bear recreational area of California. Through AWR's contracted services subsidiary, American States Utility Services, Inc., AWR provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country.
GRHU announced recently the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GRHU’s brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GRHU has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
In other company news, GRHU recently announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant. GRHU is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
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