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San Jose Water Company company history timeline

1866

1866: San Jose Water Company is formed to serve Santa Clara and San Jose.

1868

In December 1868, San Jose Water was reincorporated and its capital stock increased to $300,000, the extra funds needed to build the company's first reservoirs.

1870

The Seven-Mile Reservoir was completed in 1870, followed a year later by the Three-Mile Reservoir.

1871

Also in 1871, the Tisdale Reservoir, named for local banker William Tisdale opened.

1895

Lake Williams Reservoir opened in 1895 under Tisdale's watch.

1903

Water from this and other streams fed a plentiful artesian belt around San Jose, and starting in 1903 San Jose Water began digging wells to tap into for additional water supplies to meet its growing need.

1913

1913: The company is reorganized as San Jose Water Works.

1928

In 1928, Ryland added another 300 customers through the purchase of Willow Glen Water Works.

1929

In 1929, General Water Works and Electric Company bought a controlling interest in San Jose Water for $5.1 million, but management remained unchanged and the company carried on as before.

1936

The most notable deal was the 1936 purchase of the entire town of Wrights, located in the Santa Cruz mountains.

1945

After San Jose Water gained its independence from General Water in 1945, Elsman placed it on a more secure financial footing by reorganizing the company and taking it public.

1968

In 1968, Nathaniel Kendall, the company's chief engineer who had been responsible for the construction of the Austrian Dam, succeed Elsman as president of San Jose Water.

1974

1974: J.W. Weinhardt is named president.

1985

In July 1985, SJW acquired San Jose Water in a stock exchange, with the stock of the holding company now trading on the American Stock Exchange in place of San Jose Water.

1995

SJW held onto the company until 1995 when Western Precision's management team bought the business for $2 million.

1999

In the meantime, Weinhardt stepped down as chief executive in 1999, replaced by W. Richard Roth, although he remained as chairman.

2001

2001: Crystal Choice Water Service is launched.

2003

Although SJW was a relatively small company, generating revenues of close to $150 million and net income of $18.7 million in 2003, there was every reason to expect it to continue on as a profitable concern for years to come.

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Founded
1866
Company founded
Headquarters
San Jose, CA
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San Jose Water Company competitors

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Fort Loudoun EC1940$71.5M84-
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DC Water-$521.2M3364
Metropolitan Sewer District of Greater Cincinnati-$340,0005-

San Jose Water Company history FAQs

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San Jose Water Company may also be known as or be related to San Jose Water and San Jose Water Company.