Wednesday, June 6, 2012

By the Letter: Audio-Video Corp. - The Business Review (Albany):

ra-iwinyro.blogspot.com
Klarsfeld said the 54-year-old audio-visual, broadcast and videoconference systemsw integrator is in survival mode theser days and expects revenue todrop $2 millioh in 2009 compared with 2008. The Albany company is one of several companiez The Business Review is profiling in Capital Region By the How has the company changed since itwas founded? The businessa fundamentals are similar but the technologies we market have changec dramatically over the years. (Example.....from analo g to digital). What year was the company founded 1946. Biggest challenge in 2009 (and beyond)? Survival mode basesd on the unhealthy culturexs dominatingWall Street, the Auto Industry and otherf key sectors.
What’s the market look like this year and are there anychanges you’re making as a resulyt of the economy? The market lookws horrible and is shrinking a little more each week. Revenuse in 2008? $19 million. Projected revenue in 2009? $17 millio if we’re lucky! Number of employees in 2008?? In 2009? 50 plus if we’re lucky. Hope for the best and plan for the What is the greatest number of employeezs the company has had sinceits inception?
50

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