By Carlos David Mogollon, Industrial WaterWorld Managing Editor At the American Water Works Association Annual Convention & Exhibition (ACE.08) in Atlanta, Industrial WaterWorld had a chance to chat with Mike Stark, the president and CEO of Basin Water, on the evolution of that company since it's successful $50 million initial public offering (IPO) in 2006. Stark, who retired as president of Veolia Water North America the year before, was coaxed out of retirement by Basin Water founder Peter Jensen to lead the Rancho Cucamonga, CA, company which was floundering as a public company. He spent a year reorganizing things toward a low lifecycle cost and pay-for-performance business model and, since last September, purchased Mobile Process Technologies Inc. and formed alliances with Rohm & Haas and Purifics ES Inc. to broaden the...
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