Broken Arrow's York plans geographic expansion
Broken Arrow-based York Electronic Systems is an installer of low-voltage security, surveillance, information, fire and other electronic systems that is growing as demand for its equipment increases. York is a Native American-owned business, and about 25 percent of its revenue comes from tribal sources. The 30-year-old company hopes to double in size by 2015 by expanding geographically and focusing on the health care sector.
York’s decision to expand beyond Northeastern Oklahoma was driven by increasing demand from hospitals, clinics and senior living facilities for the health care products it provides. National and local initiatives encourage health care providers to implement electronic medical records and monitoring systems. The company estimates that such medical installations could drive annual revenue increases of at least 20 percent.
The company recently began representing a nurse-call product in Oklahoma and Arkansas, which made expanding into the western part of the state more a part of York’s strategic growth plan. It has established subcontractor relationships in new areas and will have a small sales and service staff in Oklahoma City to support the expansion.