Basin Water rises on purification agreement
Shares of Basin Water Inc. (Nasdaq:BWTR) are higher on news before the start of trading that the provider of systems for the treatment of contaminated groundwater has signed a 10-year agreement with California’s Salinas District to remove nitrates from one well site. The Rancho Cucamonga, Calif.-based company will provide the necessary equipment as well as operate and maintain the unit.
At 10:51 a.m. ET, the stock was up $0.33, or 6%, to $5.85. For detailed price information and recent news stories about Basin Water, click BWTR.
