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Article: Argentina trade comes to a standstill
- Article from:
- Orange County Business Journal
- Article date:
- January 14, 2002
- Author:
CopyrightCopyright CBJ, L. P. Jan 14-Jan 20, 2002. Provided by ProQuest LLC. (Hide copyright information)
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Argentina's economic woes have ground business there to a virtual halt, Orange County companies trading with the South American nation say.
"Over the past four months, our business in Argentina has shrunk to zero-everything with our customers there is on hold," said Jim Goodwin, chief executive at Anaheim-based electric vehicle maker Taylor-Dunn Corp. "We would do $500,000 to $750,000 a year of business in Buenos Aires."
Argentina's troubles aren't going to hurt a lot of OC companies since it isn't a large market for the county's exporters. Based on state export figures, local companies send about $30 million worth of goods to Argentina each year.
Still, that's enough to make Argentina ...