York, Pennsylvania, September 17, 2026 - The York Water Company (NASDAQ: YORW), a trusted provider of water and wastewater utility services across southcentral Pennsylvania for the past 210 years, announced today that it has reached an agreement with Paradise Township Sewer Authority to acquire the wastewater treatment and collection assets currently serving the residents of Paradise Township, Lancaster County.
The York Water Company's operational and management expertise and attentive investment in utility infrastructure will ensure that the wastewater services in Paradise Township are reliable for years to come. This important acquisition will allow Paradise Township municipal officials to focus on broader community priorities, while the York Water team supports those priorities with sustainable wastewater solutions.
Pending approval from the Pennsylvania Public Utility Commission, this acquisition will add over 700 wastewater customers to the Company's expanding wastewater portfolio. The York Water team is keenly focused on affordability of utility services and will prioritize improving treatment and collection system enhancements and efficiencies while providing a superior customer experience.
York Water President and CEO, JT Hand stated, "The York Water Company is pleased to enter into this agreement with the Paradise Township Sewer Authority. The community's volunteer members of the Authority have reason to be proud of their dedicated management of these critical wastewater assets for the past thirty years. Understandably, the Authority concluded that the current complex regulatory environment and necessary capital investment were extending resources beyond their means. The York Water team is excited to provide utility services in this portion of Southcentral Pennsylvania, and particularly in the wonderful community of Paradise Township. This investment will help to ensure long term stable and reliable utility service in this community."
Paradise Township Sewer Authority Chairperson Brian Groff stated, "The Authority has been pleased with the professionalism exhibited by The York Water Company throughout this process. We knew that the system needed a dedicated and experienced utility operator. York Water has considerable resources and experience, and we believe that The York Water Company is the right partner for our residents and our community. We look forward to finalizing this agreement and welcoming the transition with York Water in our community."
The York Water Company is honored to provide water and wastewater services to over 214,000 people in 58 municipalities in Adams, Franklin, Lancaster, and York counties.