Company Website:
http://www.xyleminc.com
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 Governor Jerry Brown’s proposal for
emergency drought relief. The Company also called on lawmakers to take
steps needed to accelerate the use of drought-mitigation applications,
such as water recycling and reuse technologies.
Xylem Inc. Statement
“The economic future of California is directly correlated to its
water security. We applaud Governor Brown and the legislature for taking
action as their proposals today demonstrate that by investing in
California’s water security, we are investing in the long-term security
of our communities and our broader economy.As we enter the
fourth year of unprecedented drought conditions, it is clear that
conservation efforts can help, but they will not be enough.
The technology and expertise to mitigate the impacts of drought
already exist, and have been proven in successful applications around
the world. Among them is water reuse technology, which reduces
vulnerability to droughts and provides valuable environmental
co-benefits. We must make it easier for industries and municipalities to
reclaim wastewater for beneficial purposes, such as irrigation,
industrial uses and environmental restoration. Streamline the permitting
process, provide utilities with greater access to funding, and offer
incentives to the public and private sectors to increase their water
recycling efforts. These measures will help to accelerate water reuse
implementation, providing an essential and sustainable addition to an
overall water supply portfolio.
We must act today, implementing solutions that bring swift relief to
crisis conditions while we continue to develop long-term, sustainable
solutions that will secure water 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 office
+1
914-281-4207 cell
Kelly.McAndrew@xyleminc.com
Source: Xylem Inc.
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