York Water Co. has finalized the purchase of the wastewater system serving West York Borough, with the final purchase price and costs set at $448,000.
The downtown York-based water company completed the acquisition of the system’s assets on Feb. 23, and began operating the existing collection facilities on Feb. 27, according to a filing last week with the U.S. Securities and Exchange Commission. The filing revealed the purchase price, which had not previously been disclosed.
The acquisition resulted in the addition of some 1,700 wastewater customers, representing more than 2,200 units.
York Water, the oldest business in both York City and York County, now serves a total of 66,000 customers in both water and wastewater, its president and CEO Jeffrey Hines said Monday.
York Water has been in the wastewater business since 2012, when it bought two small systems in York County.
York Water also is the oldest investor-owned water utility in the U.S., and has been a publicly traded company since 1816.