Oklahoma exporter profile: Electro Enterprises Inc.
Oklahoma City- based Electro Enterprises Inc. was recently awarded the Export Achievement Certificate from the U.S. Commercial Service. We sat down with Electro Enterprises’ Mitch Enright to discuss the military and aerospace company’s work in Oklahoma and the challenges and benefits of exporting from the Sooner State.
What does Electro Enterprises Inc. do?
“Electro Enterprises is stocking distributor of interconnect, electro-mechanical, wire and cable, and wire harness management products for the military and aerospace industries. For more than 40 years, Electro Enterprises has been providing superior electronic components at competitive prices to various markets around the world.”
How many employees do you have in Oklahoma? How many more are outside the state?
“In Oklahoma we have 140 employees, with an additional 43 located outside the state.”
Can you give me an idea of how much Electro Enterprises Inc. relies on exporting its products outside the U.S.?
“Exports make up roughly 15 percent of Electro’s total sales, which amounts to over $13 million in sales. Beyond this, exporting our products to companies around the world allows us to expand our customer base, reach new markets, and create relationships with manufacturers that we otherwise wouldn’t have the opportunity to work with.”
What are some of the challenges Electro Enterprises Inc. faces in exporting from Oklahoma? Are there some benefits from exporting from Oklahoma as well?
“It is extremely important for us to ensure that we are exporting all of our products within the rules and regulations set forth by the U.S. Department of Commerce as well as the U.S. Department of Defense. Being heavily entrenched in the military and aerospace industries, some of the items we sell are ITAR controlled and, as a result, we must make sure to apply for export licenses whenever applicable. Over the years, we have a created an internal export control system that allows us to successfully manage the export of products to our international customers.”
Looking back to when Electro Enterprises Inc. first began producing items for export, is there any advice that the company would provide to fellow firms in Oklahoma who are considering forging international ties and exporting?
“It is imperative for companies new to exporting to reach out to your local Department of Commerce office and sign up for export training. There are numerous export seminars that companies and attend at minimal cost. These seminars will provide the basic information that all companies need to know in order to export within all of the rules and regulations set forth by the Government of United States.
“While Electro Enterprises has been exporting for many years, we still make it a point to attend these seminars yearly.”