"We found this to be the case particularly when trying to inform our customers in locations outside of the Philadelphia region about the opportunity to invest in their water company whose name implied an allegiance solely to a specific community in one state. Because our subsidiaries will carry the same name as the parent company it will be much easier to transfer the goodwill of the operating companies to the parent company and vice versa." PSC now operates in 15 states but announced last spring that it has reached an agreement of sale with Birmingham Utilities, Inc., and Birmingham H2O Services, Inc., wholly-owned subsidiaries of BIW Limited of Ansonia, Conn., to sell the Connecticut and New York AquaSource operations. Because of their pending sale, the names of those operations will remain the same. Source: Philadelphia Suburban Corporation