Middlesex Water (MSEX) To Continue Work On Ongoing Projects
Zacks Investment Research | Mar 24, 2020 10:08PM ET
Middlesex Water Company (NASDAQ:MSEX) announced that it is proceeding with ongoing construction projects like Water Treatment Plant upgradation, completion of 42” 4.5-mile Western Transmission Main and numerous other projects to maintain and enhance the reliability and resiliency of its water treatment and distribution systems, despite the ongoing coronavirus (COVID-19)-induced crisis.
Timely development, maintenance and repair of the old pipelines are quite essential in preventing wastage of potable water. The COVID-19 crisis has once again highlighted the importance of clean water. It is to be noted that numerous pipeline breaks across the United States results in wastage of billions of gallons of water every year.
Clean Water: The Need of Hour
With the coronavirus crisis showing no signs of letting up, the ensuing fear and panic is adversely impacting the global economy. Despite the scenario, the Utilities have been providing 24X7 basic services like electricity, water and natural gas to millions of customers. Water, especially, has been playing a crucial in prevention and containing the spread of novel coronavirus.
The U.S. Environmental Protection Agency (EPA) recommends that Americans continue to use and drink tap water as usual as it is not contaminated with COVID-19 virus. Moreover, washing hands at regular intervals is essential in checking the spread of the virus.
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