Itron Inc. (ITRI), the largest U.S.-based maker of water meters, won a supply contract from the biggest Australian water utility to replace meters for Sydney Water’s 4.6 million customers.
Itron, based in Liberty Lake, Washington, said in a statement that the company began the three-year installation of high-efficiency meters yesterday. No terms were disclosed.
Itron shares have gained 16 percent this year.
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