Kentucky American Water to Upgrade Water Infrastructure on Leawood Drive with $630,000 Investment

Kentucky American Water (NYSE:AWK) is investing approximately $630,000 to replace about a half mile of aging 6-inch water main on Leawood Drive in Lexington with a new 8-inch ductile iron main to improve reliability, water quality and fire protection.

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Rhea-AI Summary

Kentucky American Water (NYSE:AWK) is investing approximately $630,000 to replace about a half mile of aging 6-inch water main on Leawood Drive in Lexington with a new 8-inch ductile iron main to improve reliability, water quality and fire protection.

Construction is underway with local contractor Lagco, Inc., weekday work hours 8 a.m.–6 p.m., temporary and permanent restorations planned, and access for homes, businesses and emergency vehicles maintained.

Argus Feb 26 session

+0.07% close to close Open Argus

Details

News Market Reaction – AWK

On Feb 26, the day this news came out, AWK closed 0.07% above the previous close.

Data tracked by StockTitan Argus for the Feb 26 session.

Key Figures

Infrastructure investment: $630,000 Main length: approximately half mile Old main size: 6-inch +3 more

Infrastructure investment: $630,000; Leawood Dr. water main upgrade in Lexington
Main length: approximately half mile; Length of aging water main being replaced
Old main size: 6-inch; Legacy water main installed in the 1960s
New main size: 8-inch; New ductile iron water main replacing existing pipe
Original installation era: 1960s; Decade when existing 6-inch main was installed
Work hours: 8 a.m. to 6 p.m.; Typical weekday construction schedule Monday–Friday

Historical Context

5 past events · Latest: Feb 23

5 events

Feb 23
Community initiative

24h Move

+2.7%

MLK Day donation drive supporting a homelessness nonprofit in California.
Feb 23
Infrastructure investment

24h Move

+2.7%

Announcement of over $280M 2025 spend on Illinois water and wastewater upgrades.
Feb 18
Earnings and guidance

24h Move

+0.1%

Reported strong 2025 EPS, capital investment and affirmed 2026 guidance and growth targets.
Feb 10
Merger approvals

24h Move

-1.1%

Shareholders of AWK and WTRG approved merger-related proposals at special meetings.
Feb 09
Industry conference

24h Move

-1.1%

Participation in NARUC summit panels on resilience, AI and leak detection programs.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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02/26/2026 - 11:58 AM

LEXINGTON, Ky., Feb. 26, 2026 /PRNewswire/ -- Kentucky American Water is investing approximately $630,000 to upgrade critical water infrastructure on Leawood Dr. in Lexington, replacing approximately a half mile of aging water main to help ensure continued reliability, water quality and fire protection for customers. The project will replace a 6-inch water main installed in the 1960s with a new 8‑inch ductile iron main.

This investment is part of the company's ongoing commitment to strengthen water infrastructure to support reliable service and consistent water quality over time. By making planned investments in infrastructure, Kentucky American Water helps reduce the likelihood of service interruptions, improves water flows for homes and businesses and supports dependable fire protection for the community. These improvements are designed to deliver long-term value by reinforcing the system customers rely on every day.

Construction is now underway. Crews will typically work Monday through Friday from 8 a.m. to 6 p.m. Access to homes and businesses will be maintained throughout construction, and crews will work directly with customers to accommodate driveway access as needed.

In areas where excavation is required, temporary surface restoration will be provided. Permanent restoration will be completed once the soil has time to settle and weather permits.

Work will be performed by local, qualified contractor Lagco, Inc., with traffic control coordinated in partnership with local authorities. Motorists are advised to use caution near work zones, follow posted signage, and expect some construction-related noise during active work hours. Emergency vehicle and local access will be maintained at all times. Daily site cleanup will occur, and driveway, sidewalk, and landscaping restoration will be completed upon project conclusion.

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

About Kentucky American Water
Kentucky American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water and wastewater services to approximately 527,000 people.

For more information, visit Kentucky American Water's website and join Kentucky American Water on Facebook, X, Instagram and LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/kentucky-american-water-to-upgrade-water-infrastructure-on-leawood-drive-with-630-000-investment-302698680.html

SOURCE American Water

FAQ

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What is Kentucky American Water (AWK) doing on Leawood Drive in February 2026?

Kentucky American Water is replacing about a half mile of water main to improve service and safety. According to the company, the project upgrades a 1960s 6-inch main to an 8-inch ductile iron main with construction underway and planned restorations.

How much is AWK investing in the Leawood Drive infrastructure upgrade?

The company is investing approximately $630,000 in the Leawood Drive project. According to the company, funds cover replacement of the aging main, construction by Lagco, Inc., traffic coordination, and surface restoration work.

When will construction work occur for the AWK Leawood Drive project in 2026?

Crews will typically work Monday through Friday from 8 a.m. to 6 p.m. According to the company, work is active now, with daily cleanup, access maintained for homes and emergency vehicles, and permanent restoration after settling.

Who is performing the Leawood Drive water main replacement for AWK (NYSE:AWK)?

Work will be performed by local contractor Lagco, Inc., under coordination with local authorities. According to the company, traffic control, driveway access accommodation, and safety measures are part of the contractor arrangement.

How will the AWK Leawood Drive upgrade affect residents and businesses?

Residents should expect maintained access with some construction noise and temporary surface restoration. According to the company, crews will coordinate driveway access, preserve emergency vehicle routes, and complete permanent landscaping and sidewalk restoration after settling.

Kentucky American Water to Upgrade Water Infrastructure on Leawood Drive with $630,000 Investment