Submitted by Xylem Inc.
Xylem announced plans to expand its support for the ongoing recovery and rebuilding efforts in Puerto Rico in the aftermath of the devastating effects of Hurricane Maria. The Company has pledged financial support, including matching employee contributions, as well as a new effort to bring clean water to several of the hardest hit areas of the island.
“It is deeply troubling to see communities remain in such dire straits several weeks after this hurricane,” said Patrick Decker, President and CEO of Xylem. “The ravaged infrastructure has significantly slowed progress in the recovery efforts. We remain committed to continuing to help these communities’ meet their immediate needs and provide expertise and guidance in their rebuilding efforts.”
Xylem, a leading global water technology company, has pledged a substantial contribution to Mercy Corps to deliver humanitarian assistance and start rebuilding the communities ravaged by the hurricane. In addition, the Company is working with Planet Water Foundation to fund the construction of 10 aqua towers in remote areas of Puerto Rico. Each aqua tower provides up to 10,000 liters of clean water on a daily basis. A number of Xylem employees will volunteer to help in the construction of those towers. The Company is supporting other local organizations in the relief efforts as well.
Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings. With its October 2016 acquisition of Sensus, Xylem added smart metering, network technologies and advanced data analytics for water, gas and electric utilities to its portfolio of solutions. The combined Company’s nearly 16,000 employees bring broad applications expertise with a strong focus on identifying comprehensive, sustainable solutions. Headquartered in Rye Brook, New York with 2016 revenue of $3.8 billion, Xylem does business in more than 150 countries through a number of market-leading product brands.
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.
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