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Article: Overseas 'action!' Exports of Matthews' production equipment have grown along with foreign moviemaking.(This Week: GROWTH)(Matthews Studio Equipment Inc.)(Company overview)
- Article from:
- Los Angeles Business Journal
- Article date:
- June 15, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RUNAWAY production has been a real threat to Hollywood, as cheaper costs and incentives lure films and TV shoots--and all their related jobs--to other states and countries.
But at least one below-the-line business is adapting to the trend, as well as the organic growth of foreign film industries, by pursuing a classic "If you can't beat 'em, join 'em" approach.
Matthews Studio Equipment, a Burbank manufacturer of specialized hardware and lighting control devices, has pursued exports aggressively over the last decade and now sells its products in more than 60 countries.
In fact, the business has been so successful that this year it was just one ...