Keeping the water pure is suddenly in demand; small businesses specializing in water treatment processes are prospering
Posted by: Aqua Blog Maven on June 19, 2008 at 6:57 amFrom the New York Times:
WATER has always been an issue in California. But drought conditions, not to mention worries about continued supplies of clean water, are turning water into a growth industry in California and elsewhere.
Big companies like General Electric, Siemens and Veolia Environnement of France have ambitious plans to bring water to developing countries and clean water everywhere. But many small companies are finding niches and doing well these days, too.
Puretec Industrial Water, of Oxnard, Calif., for example, “grew 34 percent last year,” said Jim Harris, the owner and president. The company, with 90 employees, leaped to $18 million in revenue from $13.5 million in 2006. “We have 4,000 customers,” said Mr. Harris, “but we have grown 15 percent or more every year since I started.”
Besides the demand for high-quality industrial water, treatment for recycling water is also a growth industry:
Business is also growing because municipalities are looking to recycle water to assure residents and businesses of having enough water at desired levels of purity. Los Angeles is planning a long-term project to recycle wastewater. Orange County will officially inaugurate a major recycling project next week.
Such projects increase demand for water treatment technologies, like those supplied by another California business, Systematix Company, a chemical engineering firm in Buena Park. Charles F. Michaud, a chemical engineer, founded Systematix in 1982 to manufacture water filtration materials and to “interpret the complex design parameters of water treatment” so that small companies could keep up with developing technologies and compete with larger firms. “This is a fragmented industry,” he said. “More than 500 companies are in water treatment, and the larger firms only have about 20 percent of the total market.”
Read more from the New York Times by clicking here.
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