MIRA LOMA, Calif. -- (Business Wire)
Xylem Inc. (NYSE:XYL), a leading global water technology company
dedicated to solving the world’s most challenging water issues, today
issued a statement regarding the California Department of Water
Resources’ official snowpack report. The Company is calling on lawmakers
to take steps needed to accelerate the use of drought-mitigation
applications, including water reuse and recycling technologies.
Statement of Keel Robinson, North America
Marketing and Business Development Manager for Xylem:
"The
April 1 California Department of Water Resources snowpack results
confirm what we already know: California is facing a water crisis that
has the potential to severely impact the state for years to come.Bold,
proven approaches are urgently needed to address California’s current
water scarcity crisis, which by some estimates will have a $3 billion
economic impact on the state this year alone.We also need to
substantially increase investment in sustainable, long-term solutions
that will secure our water future and deliver valuable environmental
co-benefits.
The good news is that the technology exists.Technologies for
water reuse, water recycling and energy efficiency in water operations
all are solutions that build resiliency in water systems.It is
now a question of commitment, investment and action by both the public
and private sectors.We must act today to deploy solutions that
bring swift relief to these crisis conditions while we continue to
develop and implement sustainable, long-term solutions that will help to
secure our water future and fuel the California economy for generations
to come.”
About Xylem
Xylem (XYL) is a leading global water technology provider, enabling
customers to transport, treat, test and efficiently use water in public
utility, residential and commercial building services, industrial and
agricultural settings. The company does business in more than 150
countries through a number of market-leading product brands, and its
people bring broad applications expertise with a strong focus on finding
local solutions to the world’s most challenging water and wastewater
problems. Xylem is headquartered in Rye Brook, New York with 2014
revenues of $3.9 billion and approximately 12,500 employees worldwide.
Xylem was named to the Dow Jones Sustainability Index for the last three
years for advancing sustainable business practices and solutions
worldwide.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all -- that which occurs in nature. For more
information, please visit us at www.xylem.com.
Contacts:
Xylem Inc.
Kelly McAndrew, +1 (914) 323-5969
Cell: +1 (914)
281-4207
Kelly.McAndrew@xyleminc.com
Source: Xylem Inc.
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