TOWN OF NEW LONDON

Name

TOWN OF NEW LONDON

Legal name

Town of New London

Website

https://newlondonnc.org

Company type

Private

Founded year

1891

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Local government municipal services

NAICS

Sewage Treatment Facilities (22132), Utilities (221), Other Waste Collection (562119)

SIC

Water Supply (4941), Sanitary Services (4950)

akta.pro industry

PRIMARYBPAIACAA

Mayor/City Manager & General Administration

Business & Public Services/Public Sector & Government Administration/Local/Municipal Government Administration

SECONDARYBPAIACAF

Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities)

Business & Public Services/Public Sector & Government Administration/Local/Municipal Government Administration

SECONDARYBPALAMAA

Municipal Wastewater Collection (Sewer Networks)

Business & Public Services/Waste Management & Remediation Services/Wastewater & Septage Management Services

SECONDARYEUAIAAAF

Public Works / In-House Municipal Collection Operations

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/Municipal Solid Waste (MSW) Collection & Hauling

Keywords

• Municipal water services
• Wastewater utility services
• Residential waste collection
• Community parks recreation
• Local government services

Headquarters

HQ city

New London

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Pricing tiers

Distribution channels3 records

Marketing channels3 records

Core offering

The Town of New London is a municipal government providing essential public services to approximately 600 residents in Stanly County, North Carolina. Its core offerings include resident-facing water and wastewater utilities, sanitation/garbage and recycling collection (contracted through Waste Management), public safety (fire department and EMS), New London Memorial Park, a community center, and the New London Area Historical Museum. The town also delivers local governance, planning and zoning, and street lighting coordination through Duke Energy.

Product overview

Town of New London is a small municipal government providing core public services to approximately 600 residents. The town's service portfolio includes water and wastewater utilities (delivered directly), garbage and recycling collection (contracted through Waste Management), parks and recreation (New London Memorial Park), a historical museum (New London Area Historical Museum), and a community center. The town also coordinates street lighting services through Duke Energy. All municipal administration, planning/zoning, and town board activities are conducted from Town Hall at 114 West Gold Street.

Differentiator

Problem solved

Functional benefit

Products and services

• Water and Wastewater Services Water and sewer service provision to all properties within town limits, with customer service policies including deposits ($80 water deposit, $100 non-refundable sewer fee), monthly billing (bills sent end of month, due by 20th), and service restoration ($30 reconnect fee).
• Garbage and Recycling Collection Curbside waste collection services contracted through Waste Management for residents and businesses within town limits; garbage pickup every Thursday and recycling pickup every other Thursday.
• New London Memorial Park Municipal park located at 220 N. Main Street featuring amenities, shelter rentals, and park rules for community recreation by residents and visitors.
• New London Area Historical Museum Historical museum located at 226 South Main Street preserving local history, open the first Sunday of each month from 2:00 pm to 4:00 pm, with tours available by appointment.
• Community Center Community center facility at 114 W. Gold Street used for Town Board meetings (first Tuesday of each month at 7:00 pm) and community events by residents.
• Municipal Government Services Comprehensive municipal services including town administration, parks and recreation, garbage and recycling collection (contracted through Waste Management), and community facilities for residents and businesses within town limits.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Waste ManagementcoreChannel Partner/ Reseller/ DistributorThe Town of New London contracts with Waste Management for waste and recycle pick-up services. Garbage pickup is every Thursday and recycling pickup is every other Thursday. This is a core municipal service partnership essential for sanitation services to residents.
• Duke EnergycoreOthersDuke Energy provides electrical power to the town. In 1927, the town signed a contract with Duke Power Company (predecessor) to furnish power for 60 years. Duke Energy handles street light outages through their reporting system.
• Stanly County Sheriff's OfficecoreOthersThe town authorizes Stanly County Sheriff's Office Animal Control Division to enforce county Animal Control Ordinance laws and fines. Also provides general law enforcement services through the county sheriff's office.

Scale indicators1 record

Recent moves5 records

Expansion highlights2 records

Direct peers

• Town of Badin, NC: Adjacent small municipality in Stanly County, NC, with comparable population scale and similar mix of municipal services, water/sewer utilities, and contracted waste collection. Most directly comparable peer.
• Town of Misenheimer, NC: Small neighboring North Carolina town operating similar municipal services including water utilities, parks, and community governance. Comparable rural small-town structure.
• Town of Richfield, NC: Small neighboring municipality in Stanly County offering comparable core municipal services at similar scale. Direct geographic and functional peer.
• Town of Norwood, NC: Nearby Stanly County town with similar population scale and service portfolio. Directly comparable municipal peer in the same region.
• City of Albemarle, NC: The Stanly County seat; larger municipality with the same mix of municipal services, water/sewer utilities, parks, and community facilities. Scaled-up version of the same operating model.

Broad incumbents

• Aqua America (Essential Utilities): Large diversified water and wastewater utility serving small and mid-sized communities across multiple states. Compares as a regional/scale incumbent in the same operational category.
• American Water Works Company: The largest publicly traded US water and wastewater utility. Compares as a broad incumbent operating the same utility service category that New London delivers itself in-house.

Others

• Waste Management, Inc. National solid waste hauler under contract to deliver garbage and recycling to New London residents. Comparable as the contracted service-provider counterpart for the town's waste stream.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/newlondonnc
• LinkedInlinkedin.com/company/town-of-new-london

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TOWN OF NEW LONDON