More US Companies Look Global as Domestic Demand Drops - Source VOA - September 6,2011

More US Companies Look Global as Domestic Demand Drops Elizabeth Lee | Los Angeles Assembly worker Julaynne Trusel works a on a 2012 Chevrolet Volt at the General Motors Hamtramck Assembly plant in Hamtramck, Michigan, July 27, 2011 (file photo). . Since the economic recession in 2008, some U.S. companies that historically depend on the domestic market started looking elsewhere for business. In Southern California, organizations that help businesses have been encouraging them to go global to boost their bottom line. There are reasons why most American businesses do not export their products. California-based Tystar sells a special type of furnace. It gets so hot that it can cook the silicone components that go in computers and cell phones. The company assembles these furnaces in Los Angeles and sells them within the United States and overseas. Jim Smith manages the business development side of Tystar. He says in the last four to five years, the company started focusing more on establishing itself globally, in markets as far away as China, Singapore and South Korea. During that time, exports grew from 20 percent to half of Tystar's business.