Exports: `This Show Has Legs'

Robert T. Pando, chairman of Lynch Machinery Inc., is ecstatic. Orders for the Bainbridge (Ga.) company's picture-tube-manufacturing equipment hit more than $30 million last month. That's a record backlog for the 80-year-old outfit, which had sales of just $8 million for all of last year. The more remarkable statistic, though, is that 90% of the new orders are destined for China and other overseas customers. "This show has legs," Pando exults. "We're looking at markets that can't get televisions fast enough."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.