Xylem Awarded $2.7M Contract to Develop StormWater Drainage System for NY Coastline
Xylem (NYSE: XYL) has been
awarded a $2.7 million contract to supply the equipment and technology
for a storm
water drainage system to protect against future storm damage along
Route 35 on the New Jersey coastline. The new drainage solution is a key
part of a $265 million reconstruction program being implemented in the
area following the damage caused by Superstorm Sandy in October 2012.