The York Water Co (YORW) is a publicly traded water utility company which was established back in 1816, making it the oldest investor-owned utility in the United States. The longevity of the company is a testament to its sustainable business model and ability to adapt to changing circumstances over more than two centuries. Located in York, Pennsylvania, the company serves about 66,000 residential, commercial, and industrial customers, providing them with water and waste-water collection throughout more than 48 municipalities in York County and nine municipalities in Adams County.
York Water Co operates with the goal of providing superior quality water and customer service, constantly aiming to find new ways to improve its operations, infrastructure, and services. Despite its age, the company has maintained a commitment to innovation, employing the latest technologies to ensure water quality, service reliability, and environmental stewardiness. For instance, it employs a state-of-the-art lab, certified by the Pennsylvania Department of Environmental Protection, to thoroughly test the quality of the water it supplies.
The company's operations are divided into three main areas: the Collection and Impoundment of Water, the Purification of Water, and the Distribution of Water. In recognition of its dedication to providing safe drinking water, York Water Co has won numerous awards. It has also managed to expand its operations and customer base significantly over the years, through both organic growth and strategic acquisitions.
York Water Co is a part of essential infrastructure, providing an indispensable service to society, and therefore has a very stable demand. This, along with the company's significant operational experience and solid reputation, has given it a strong platform for delivering consistently reliable financial performance. It continues to pay a stable dividend, a point of interest for long-term investors.
Ultimately, York Water Co's over two-century track record, commitment to quality and service, and stable financial performance make it a noteworthy company in the utilities sector.