DULUTH, Minn.--(BUSINESS WIRE)--
ALLETE Inc. (NYSE: ALE) announced today that its wholly owned subsidiary
U.S. Water Services has purchased Tonka Water, a major supplier of
municipal and industrial water treatment systems.
The addition of Tonka Water, based in Plymouth, Minnesota, expands U.S.
Water's integrated water treatment equipment offerings while adding new
customers in the municipal and industrial sectors. Tonka Water, founded
in 1956, has a long and successful history of delivering high-quality
water treatment systems for customers throughout North America, with
more than 2,300 system installations in 49 states and four Canadian
"This strategic acquisition, like the earlier additions of Water &
Energy Systems Technologies and A and W Technologies, expands U.S.
Water's geographic and customer markets, its equipment portfolio and its
field service offerings," said ALLETE Chairman, President and CEO Alan
R. Hodnik. "ALLETE continues to execute its strategy of supporting U.S.
Water's growth both organically and through tuck-in acquisitions as the
company expands in the U.S. and Canada. Societal expectations,
regulation and resource scarcity increasingly require sustainable
solutions, and ALLETE is well-positioned in the emerging energy-water
Based in St. Michael, Minnesota, U.S. Water has a national footprint and
serves a growing and diverse mix of more than 4,800 industrial
customers, including a significant number of Fortune 500 companies. U.S.
Water provides integrated water solutions for industry by combining
chemicals, equipment, engineering and service to optimize system
performance, reduce water and energy use, and improve efficiency.
"The addition of Tonka Water to the U.S. Water family expands our
integrated capabilities in the industrial market and broadens our
overall equipment offerings into the municipal market," said LaMarr
Barnes, U.S. Water CEO. "Their experienced employees will strengthen our
engineering capabilities, and allow us to further leverage our chemical
and service offerings to provide our customers more options. We are very
excited to welcome Tonka Water to the U.S. Water family."
ALLETE Inc. is an energy company headquartered in Duluth, Minnesota. In
addition to its electric utilities, Minnesota Power and Superior Water,
Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in
Duluth; U.S. Water Services in St. Michael, Minn.; BNI Energy in
Bismarck, N.D.; and has an eight percent equity interest in the American
Transmission Co. More information about ALLETE is available at www.allete.com.
The statements contained in this release and statements that ALLETE
may make orally in connection with this release that are not historical
facts, are forward-looking statements. These forward-looking statements
involve risks and uncertainties and investors are directed to the risks
discussed in documents filed by ALLETE with the Securities and Exchange
View source version on businesswire.com: http://www.businesswire.com/news/home/20170908005064/en/
Vince Meyer, 218-355-3276
Source: ALLETE Inc.
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