About CoBank

Water

Artesian Resources

In 2010, CoBank helped Artesian Resources, a longtime customer and one of the nation's largest investor-owned water companies, expand its office space so it could better accomodate surging population growth in its territories. The Delaware-based company supplies 7.5 billion gallons of water to 76,000 metered customers via a network of water mains that extends over 1,000 miles throughout three Mid-Atlantic states.

Growth is a big issue for Artesian Resources, which serves communities in Delaware, Maryland and Pennsylvania. For instance, Maryland’s Cecil County is seeing an explosion of new development due to an expansion of local military facilities.

Artesian has had to expand as an organization to accommodate growth in its service territory.

But until recently, the company didn’t have enough office space for its more than 270 employees. With financing from CoBank, Artesian Resources constructed a new, state-of-the-art office building on its Newark, Delaware, campus in 2010. In addition to plenty of room for offices and meetings, the new building boasts high-tech data and operations centers that allow the company to monitor and control various aspects of its water systems remotely.

“We’ve doubled or tripled our size over the years and grew out of our space,” Chief Financial Officer David Spacht said. “The new complex enables us to be more efficient and provide better customer service. We really appreciate our dependable relationship with CoBank.”

 

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