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SJW Corp company history timeline

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.

1871

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

1886

The two companies worked closely together until 1886, at which point Los Gatos Manufacturing became a competitor by purchasing the Los Gatos Water Company.

1890

In 1890, San Jose Water resolved the conflict by acquiring Los Gatos Manufacturing, in the process adding Los Gatos water customers.

1895

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

Also in 1895, the company lost the Santa Clara business when that community elected to build a municipal water works.

1899

When Williams returned as president, the company made up for the loss in 1899 by acquiring Mountain Springs Water Company.

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.

1907

Due to poor health, Cozzens resigned in 1907, replaced by George McKee, during whose five-year term San Jose Water beefed up its infrastructure, adding nine wells and pumping stations.

1911

The Avon Water Company, a wholly-owned subsidiary of Connecticut Water Service, Inc. that serves the New England region, has been serving customers in the state of Connecticut since 1911.

1916

During his tenure, the company's 50-year charter of incorporation expired in 1916, leading to the creation of San Jose Water Works, which took over all the franchises controlled by San Jose Water.

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.

1937

1937: Ralph Elsman begins a 31-year-tenure as president.

1940

He also became president and general manager of California Water Service Company, a General Water subsidiary that in 1940 moved its offices to the newly enlarged building that housed San Jose Water's headquarters, although it remained independently operated.

1951

1951: Austrian Dam is built.

1956

The Connecticut Water Company, a wholly-owned subsidiary of Connecticut Water Service, Inc. that serves the New England region, was incorporated under the laws of the State of Connecticut in 1956.

1963

In 1963, he was recruited by San Jose Water to become chief controller.

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.

1977

During this period, the company also improved its customer service capabilities by installing an online computer information system in 1977 that replaced manual ledgers and provided customer service representatives with up-to-the-moment billing information on a computer screen.

1978

About one-third of SJW was owned by Roscoe Moss Company, a Los Angeles water drilling company that had been slowly buying up the stock since 1978.

1983

In 1983, the company changes its name from San Jose Water Works to San Jose Water Company.

1985

1985: Holding company JSW Corporation and subsidiary SJW Land Company are formed.

SJW Land Company, a wholly owned subsidiary of SJW Group, was incorporated in 1985.

1992

Finally, in 1992, Roscoe Moss and SJW merged, and in the process SJW added the business of Western Precision Inc., a Sunnyvale, California, metal machining company.

1999

Already in 1999, it had completed 16 acquisitions, but gaining approval from the California Public Utilities Commission for the SJW deal proved problematic.

2001

In February 2001, frustrated that the deadline had now been pushed back to September 2001 (almost two years after a tentative agreement had been struck), American Water Works walked away from the deal, fearful that in September the decision would once again be kicked down the road.

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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SJW Corp may also be known as or be related to SJW Corp and SJW Group.