Welcome to Pennichuck Corporation
 

Last Updated 7/18/08


About Us

Welcome to Pennichuck.

Pennichuck Corporation is engaged primarily in the collection, storage, treatment and distribution of potable water in New Hampshire. We have three business segments: regulated water utilities, non-regulated water management services and real estate management and commercialization. Water utility revenues constituted 92.2% of our consolidated revenues in 2007. We are headquartered in Merrimack, New Hampshire, which is located approximately 45 miles north of Boston, Massachusetts. Our Company, which was incorporated in New Hampshire in 1852, became a utility holding company in 1983, when it completed a reorganization resulting in the transfer of all of our water utility assets at that time to Pennichuck Water.

Pennichuck Corporation is a holding company with five wholly owned operating subsidiaries. The Company is comprised of three private water utilities, Pennichuck Water Works Inc., Pennichuck East Utility, Inc. and Pittsfield Aqueduct Company, Inc. that are regulated by the New Hampshire Public Utilities Commission, and two non-regulated companies, Pennichuck Water Service Corporation and The Southwood Corporation.

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Pennichuck Water Works, Inc. our principal subsidiary, was established in 1852 and services the City of Nashua, New Hampshire and 10 surrounding New Hampshire municipalities located in southern New Hampshire with an estimated population of 110,000, almost 10% of the population of the State of New Hampshire;
   
  Pennichuck Water Service Corporation  ("PWSC") is in the contract operations field. Currently, PWSC has operations and management agreements with the towns of Hudson, NH and Salisbury and Hyannis, MA. PWSC is the certified operator for many non-community water systems, providing laboratory testing, monitoring and consulting services.
   
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Pennichuck East Utility, Inc. was organized in 1998 and serves 15 communities most of which are located in southern and central New Hampshire.
 
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Pittsfield Aqueduct Company which we acquired in 1998, serves customers in Pittsfield, New Hampshire, as well as three other communities in central and northern New Hampshire.
 
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The Southwood Corporation is engaged in real estate management and commercialization activities. Southwood’s holdings include approximately 450 acres of developable land located in Nashua and Merrimack New Hampshire.
   

Pennichuck Corporation is a publicly traded holding company listed on the NASDAQ Global Market under the symbol PNNW. It has approximately 4.2 million common shares outstanding.

Pennichuck offers a dividend reinvestment and optional cash payment plan that enables shareholders to reinvest dividends and acquire additional shares without paying a commission.

Should you have any questions, please feel free to contact us.