Water Executive Forum to Examine Stimulus Act's Impact

March 10, 2009
Various industry professionals to address legislative and financial issues

The new American Economic Recovery Reinvestment Act and its impact on water and wastewater infrastructure will be highlighted at the annual Water Executive Forum, which will be March 30 to 31 at the Marriott Courtyard Hotel in Center City Philadelphia.

Current projections are for $6 billion to go toward municipal drinking water and wastewater infrastructure projects and $1.4 billion to be spent in rural areas. Three speakers--Tommy Holmes of the American Water Works Association, Mike Shapiro, acting administrative administrator with the U.S. Environmental Protection Agency's Office of Water, and Eric Meliton of Frost & Sullivan--will address the stimulus impact.

Speakers will also address the impact of the economic downturn on equity investing in the water business. Ryan Connors of Boenning & Scattergood, David Gray of Credit Suisse and William Malarkey of Boenning & Scattergood will discuss important finance issues now facing water companies. A panel discussion moderated by Christoph Lueneburger of Egon Zehnder Intl. will also review the future of the water business. Michael LoCascio of Lux Research, as well as Meliton, will look at future water business growth, which has estimated global sales of more than $300 billion annually.

The forum also features several top water business executives from leading firms who will present their view of market trends and the state of the water industry. Executives addressing the meeting will include Paul Raymond of Ashland Hercules Water Technologies, Jeff Fulgham of GE Water, Matthew Knight of Siemens Water, Paul Turgeon of BWA Water Additives, Hu Flemming of Hatch Water, David Flitman of Nalco and Omar Del Valle Colosio of CG/LA Infrastructure.

For more information, visit www.waterexec.com/expo/weforum.htm.

Source: PRWeb