Mon, 19 Mar 2018 8:00 am EDT
NEW YORK & PITTSBURGH--Evoqua Water Technologies (NYSE: AQUA) today named Cintas Corporation (NASDAQ: CTAS) the inaugural recipient of the Evoqua Water Sustainability Award, recognizing excellence in water stewardship.
Cintas saves up to 599 million gallons of water per year through its companywide system. Of note, Cintas Industrial Laundry is capable of delivering significant improvements in water use compared to home laundry by providing approximately 20 percent water savings – in addition to significant energy and soap savings. Cintas has also demonstrated leadership in sustainability by taking steps to lower water use and minimize environmental impact at several facilities through enhanced wastewater treatment, as well as enhanced water reuse efforts.
For example, at its recently upgraded Newmarket, Ontario facility, Cintas has saved more than two million gallons of water in the first three months of operation through a new reuse system. Other Cintas facilities are taking significant steps to lessen water impact across operations utilizing water reuse with dissolved air flotation systems and, in some cases, reuse coupled with ultrafiltration and microfiltration systems.
“We are honored to recognize a leader like Cintas Corporation with the Evoqua Water Sustainability Award,” said Ron Keating, Evoqua CEO. “Cintas goes above and beyond to protect the world’s water and it is our privilege to partner with them in their efforts to care for the environment.”
As part of the awards program, Evoqua employees nominated companies from among its 38,000-customer base for their sustainability efforts to treat, re-use, and conserve water. Finalists for the award included: Air Products, Ford Motor Company, the National Mall, and Cintas.
“At Cintas, our employee-partners are fully engaged in practicing workplace sustainability and environmental stewardship,” said Pamela Brailsford, senior director of supplier diversity and sustainability at Cintas. “We also recognize the importance of partnering with organizations like Evoqua that share our commitment to improving sustainability within the communities in which we operate.”
Water is an essential element in making everyday products and to everyday life. Evoqua customers use water efficiently to produce those goods as well as to treat water after the goods have been made. It takes approximately 240 gallons of water to make a smart phone, approximately 3,000 gallons to light a 60W light bulb for a year, and approximately 39,000 gallons of water, on average, to produce an automobile.
Cintas joined Evoqua at the New York Stock Exchange today to open trading and kick-off a week-long celebration of World Water Day which is March 22. For more information visit:
About Evoqua
Evoqua Water Technologies is a leading provider of mission critical water treatment solutions, offering services, systems and technologies to support its customers' full water lifecycle needs. Evoqua Water Technologies has worked to protect water, the environment and its employees for over 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, Evoqua Water Technologies operates 160 locations in eight countries and, with thousands of installations and more than 85 service branches, holds leading positions in the North American industrial, commercial and municipal water treatment markets.
About Cintas Corporation :
Cintas Corporation helps more than one million businesses of all types and sizes get READY™ to open their doors with confidence every day by providing a wide range of products and services that enhance its customers’ image and help keep their facilities and employees clean, safe and looking their best. With products and services including uniforms, floor care, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety and compliance training, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
About DESOTEC
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at .
About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at .
