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Balance Sheet Cash Flow Statement Regatta Office Park, Windward 3, 4th Fl., West Bay Rd. West Bay, Grand Cayman KY1-1102, Cayman Islands Tel. 345-945-4277 Fax 345-949-2957 |
Type: Public
On the web:
http://www.cwco.com
Employees:
124
Employee growth: 29.2%
Thirsty Caymanians and tourists alike lap up the services of water utility Consolidated Water, which converts seawater into potable water and distributes it to 4,600 customers on the Cayman Islands. Customers include hotels and condominiums as well as individual residents. The company, incorporated in 1973, has grown along with the Cayman Islands' development as a tourist destination. Consolidated Water also distributes water in the Bahamas and operates seawater conversion plants in a handful of countries in the region. The company sells bulkwater for distribution by other providers. It also provides engineering and management services for desalination projects.
Key numbers for fiscal year ending December, 2008:
Sales: $65.7M
One year growth: 33.6%
Net income: $7.2M
Income growth: (36.7%)
Officers:
President, CEO, and Director: Frederick W. (Rick) McTaggart
EVP, CFO, and Director: David W. Sasnett
VP Purchasing and Information Technology: Robert B. Morrison
Competitors:
American States Water
GE Infrastructure
Siemens Water Technologies
