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Winston-Salem, N.C., Companies Don't Necessarily See Boost from Exports Growth.
Byline: Brian Louis
Feb. 2--Exports from North Carolina have increased over the past year as the value of the dollar has declined, but that hasn't necessarily translated into a boon for some local companies that export.
For example, there's Champion Industries, a commercial dishwashing equipment-maker based in Winston-Salem, which sells its machines around the world.
"From our point of view, it's a very mixed benefit," said Henry Holt, the vice chairman of Ali Group, the parent company of Champion Industries.
That's because Champion Industries has to import a lot of parts to make its dishwashers, offseting the benefits from the weakness in the dollar.
A weak dollar makes products made in the United States attractive overseas because foreigners can buy more U.S. goods with their home currency.
Between 15 percent and 20 percent of Champion Industries' revenue comes from exporting. Holt declined to disclose revenue or profit figures for the company.
From January through October 2003, the …
