Missouri American Water Closes $34.5M Neosho Utility Deal
Joplin, Mo. – September 08, 2026 -- Missouri American Water has completed a $34.5 million acquisition of the City of Neosho's water and wastewater systems, adding roughly 5,400 water customers and 5,400 wastewater customers to its regulated base.
Deal brings 25 Neosho employees under Missouri American Water
The transaction, unanimously approved by Neosho City Council on August 19, 2025, and cleared by the Missouri Public Service Commission on June 24, 2026, transfers 25 employees who previously served the systems to Missouri American Water.
Company commits $35 million for infrastructure over five years
Subject to PSC approval, Missouri American Water plans to invest approximately $35 million in the Neosho systems over the next five years. Planned work includes facility upgrades, replacement of water and wastewater mains, leak-detection technology, and wastewater treatment compliance with federal and state standards.