Monthly Archives: June 2018

Career Pathways For Your Child – Nature Versus Nurture

When thinking about the future of your children, it is important to consider what they are capable of in order to ensure that you are leading them into the right direction. However, there is an argument between having to go with nature versus nurture when choosing which path to take in the skills development phase of your kid. To put it simply, the question is whether you should hone the skills that are in your child’s nature, innate skills that are, figuratively speaking, in your blood, or should you let your child choose what he or she want to be and let him or her take up a special course to develop that skill. Nature

By default, it has always followed even in ancient times that a family’s trade is being passed on from generation to generation. Given the exposure your child has to a particular industry your family is in, you can give him the option to continue just that.

Family Business

A lot of people consider it their destiny to pass on the family business to their children and expect their children to do the same to theirs. It is a good plan to keep the business in the family as long as the child is up for the job. If you see that your kid is keen enough to take on the family business, then see to it that he or she has everything he needs to learn and eventually run the trade on his own someday.

Talent

Another thing that you cannot easily teach someone is an inborn talent. If you find out that your child has a unique knack for something, it is rather wise to support and develop that talent. It is a very unique thing to have and when properly developed, it can be something worthwhile and profitable that he or she can do with his or her life in the future.

Nurture

People who neither have the talent nor the exposure to a specific trade still have a fighting chance in the labor market and this is through education. A lot of people build their future on this as not everyone is blessed with the talent, nor do they come from families with skilled trades that are passed on. The good thing about being able to nurture your child into doing something is that they can be whatever they want to be. They can choose their profession and achieve their dreams. Special training courses and education are tools that are readily laid out to hone them and train them to be the professionals they eventually want to be.

By choosing the right career pathway for your child, you can rest assured that they are going to be set for life. Proper guidance and support from parents will go a long way in molding the child to be the person that they will be, and want to be in the near future.

A Study On Indian Jute Industry

Jute, also called the ‘Golden Fiber’, is the most useful and versatile fiber gifted to human being by the nature. Jute is popular for its ability to use in various forms in handicraft industry. The industry contributes greatly in countrys economy and has potential to propel the economy at least for next few decades. Jute industry alone provides direct employment to approximately 0.26 million people, and about 4.0 million people are associated indirectly to the industry. In total, the labour intensive industry engages more than 4.35 million people into it. Realizing its major contribution and important role in the Indian economy, the Government has decided to pay special attention to the industry in its National Common Minimum Programme. Keeping the industrys increasing contribution in consideration, the Government then started the “Jute Technology Mission” to benefit jute growers, the workers, jute manufacturers, exporters and others engaged in the sector. The programme has helped in Industrys modernization and to reap profits from export and other enhanced level of jute diversification.

A great number of the Indian Jute manufacturers have set up their Mills in the states of West Bengal, Assam, Andhra Pradesh, Orissa, Uttar Pradesh, Tripura, Bihar and Chhattisgarh. At present, there are 78 jute mills planted in India out of which 61 are located alone in eastern region of West Bengal. Among all jute mills, 64 are owned privately by Indian manufacturers and exporters, 6 of them are owned by central government, the state government owns 4, and only 2 of the mills are under cooperatives. Jute industry alone accounts for an annual turnover of Rs 6,500 crore and the value of export of total jute products is nearly Rs1000 crore. Some organizations have been formed to put a control on Indian jute industry. These include National Centre for Jute diversification (Kolkata), Jute Manufacturers Development Council (Kolkata), National Jute Manufacturers Corporation, Jute Corporation of India Ltd. (Kolkata), Birds jute & Exports Ltd., Institute of Jute technology (Kolkata), and Indian Jute Industries Research Association (Kolkata).

India is the largest producer of raw jute as well as finished good products. Jute Yarn, Jute Webbing, Jute Hessian Bags, Jute Hessian Cloth also called Burlap Cloth, Jute Geotextiles and Soil Savers are the products dominating the export arena. It became possible due to the availability of cheap and skilled labours in India, and the availability of entrepreneurial skills too. Some of the major Indian manufacturers and exporters of jute and jute products are following:

The East India Jute & Jute Hessian Exchange Ltd
National Centre for Jute Diversification
The Jute Corporation of India Ltd
Gunny Traders Association
Calcutta Jute Fabrics Shippers Association
Calcutta Laminating Industries
Ashim Kar & Industries Pvt. Ltd.
A One Jutex International

As a matter of fact, jute industry is one of the biggest industries which Indian economy greatly relies upon. Apart from having huge export potential, the jute manufacturing companies cater to the domestic market as well. However, the industry is facing some big challenges in its growth such as high production cost and poor supply chain management. With markets and competition going global, India is still practicing the primitive methods of manufacturing jute products. The products made are costlier and are exported at higher rates as compared to other Asian countries, especially Bangladesh which is the biggest threat to Indian Jute Industry. Multi unionism is one of the problems faced by the industry and engages major concentration of routine management in resolving labour dispute. Despite being a mother Industry, Indian jute industry has emerged as a huge decentralized and unorganized sector in the current scenario.

Fans For Chemical Industry

The petrochemical industry utilizes fans in many different areas of the plant. Each of these custom applications requires quality fans designed for durability, ease of maintenance and dependability. Some of the areas where fans are used include forced draft fans and induced draft fans. Buffalo Fan Co. has extensive experience providing air movement solutions involving all areas of petrochemical processing. and has worked with numerous companies throughout the United States and worldwide, serving more than 60 petrochemical facilities and counting.

Buffalo Fan Co. provides fan testing and validation services at the in-house laboratory, as well as on-site. We also offer scheduled maintenance, including balance, alignment and operational training. Buffalo Fan services and repairs all brands and types of fans. The fan services offered is an extension of Buffalo Fan’s commitment to provide the customers with the highest level of service and support.

Buffalo Fan and its assotiated companies have vast experience in meeting the extremely stringent requirements of the American Petroleum Institute (API). With engineers sitting on the API task force, project management, test procedures and worldwide installations, Buffalo Fan Co. has the experience and expertise to meet the API 560 and 673 specifications without exceptions. Typical requirements are:

Fan sleeve bearings, wither anti-friction or hydrodynamic
Constant level oilers
Single or double carbon ring shaft seals
Corrosion resistant shaft sleeves with strict runout tolerances
Heavy-duty inlet silencers with minimum 15′ height requirements
NDE-Dye penetrant inspection of rotor welds
Fan mechanical run test & performance shop test

Special features of chemical duty fans are:

Cast iron access doors
External linkage radial vane damper
Tubular base
Lateral & torsional analysis complete to the bottom of the sub base

Buffalo Fan is an industry leading designer and manufacturer of the highest quality industrial fans throughout the world. Our products are known for their rugged construction and reliable operation. Buffalo Fanr offers unmatched flexibility and fan customization, coupled with superior service before and after the sale. Buffalo Fan also have the capability to provide parts and service for products not manufactured by Buffalo Fan Co.

Biomass boiler packages service the wood industryburning waste products ranging from excess wood, wood chips, coconut husks, or even cocoa bean shells to create steam that can then be used to generate power. Fans serving these types of industrial applications need to have a rugged construction to be able to handle the harsh operating environment introduced by the high-temperature biomass boilers, and Buffalo fans continue to stand up to the test. All housings are continuously welded using heavy gauge, reinforced steel, and suitably braced to prevent pulsation. Wheels and blades are manufactured with a heavy-duty, robust design.
In addition, the range of products used in the boilers means that the fans must handle often-dirty airstreams. In these cases, straight radial blade designs are used to alleviate the potential operational problems that can be caused from buildup on the blades from materials coming through the fan. Twin City Fan also understand the importance of designing a product that could meet the needs of varying climates and other environmental challenges. Buffalo fans are designed to be prolific throughout the word, from varying climates in South America, Europe, Canada, and all throughout the U.S. to ensure uninterrupted, consistent operation.

Buffalo Fan has the engineering and manufacturing capabilities to accommodate virtually every conceivable application,after completing thousands of successful installations worldwide and have a proven track record for tackling the most technically complex and unique applications. Buffalo Fan offers a great breadth of products and quickly adapting to the needs of the customers.

Sharks of gambling industry. Part 1.

Behind the phenomenon of gambling industry, there are definite individuals. The attitude to them is ambiguous. Some people consider them to be talented businessmen, respect them and learn from them. Others, conversely, condemn them. Doubtless is only one thing these people are extraordinary, often venturesome, but at the same time they have business acumen, feel the demands of time, they can correctly estimate the potential of their future enterprises. Particularly such people gain millions of dollars from gambling industry.

Sheldon Adelson
Presently he is the richest representative of the gambling industry. He owns the corporation Las Vegas Sands, which controls the casino-hotel Venetian in Vegas and Venetian in Macao. The life of Sheldon reminds of a classical story about an American dream. The future billionaire was born in 1933 in Boston in a poor Jewish-Ukrainian emigrant family. He had to work since early childhood. He earned his first money by selling newspapers on the streets. Practically without any education, the self-made man Sheldon became one of the best financiers in the USA. While working as financial advisor, he breathed new life into more than 50 companies. Adelson was one of the first businessmen who believed in the future of IT technologies. The international show-exhibition of IT-technologies COMDEX was his brainchild. In 1995 he sold it to the Japanese for 860 mln dollars.

The businessman came to the gambling market in 1989 buying the casino-hotel Sands in Las-Vegas, which was earlier owned by Frank Sinatra. Understanding that one more casino in Vegas is trivial and that is why relatively unprofitable, he decides to transform the capital of gambling into the international business center, in order to attract rich entrepreneurs (potential players) to his casino. Within several years Adelson built the business centre Sands Expo. In 1991 he invested one and a half billion dollars for building the casino-hotel Venetian. The new casino was targeted not only at players, but also at businessmen who came to his new business center. As many experts acknowledge, Venetian is one of the most beautiful casino-hotels in the world. There are more than 4000 rooms, 18 restaurants, a trade center (emporium), and all this is at the background of Venetian channels, with gondolas sailing and gondoliers singing their famous songs. In 2004 Adelson opened the casino Venetian in Macao, the first casino of Las Vegas type in Asia. In May 2006 he managed to obtain a permit for building a casino in Singapore, which will presumably be opened in 2009. It is planned that more than 3 billion dollars will be invested into its construction.

At the moment, according to Forbes, Adelsons fortune is 16.1 billion dollars, i.e. he is number 14 in the world rating of the wealthiest people of the planet.

Kirk Kerkorian
This figure of gambling industry can be without exaggerations called the most experienced and sophisticated. He is the living legend, one of the fathers of Las Vegas. Kirk was born in 1917 in the town of Fresno (California) in the family of Armenian emigrants. In his youth he was actively engaged in boxing and participated in single combats, but at the age of 22 all of a sudden he decided to quit sport the desire to learn to fly captivated his entire personality. During WW II Kirk became a pilot of British royal air force. Upon returning to his homeland, in 1947 he paid 60 thousand dollars and bought a small air company that specialized on charter flights between Los Angeles and Las Vegas. He abandoned this business only in 1968, having sold it for 108 mln dollars. Frequently visiting Vegas, he realizes the huge potential of this city. In 1962 Kirk buys 80 acres of land on the famous The Strip, not far from the legendary casino Flamingo. The land at that time cost him 960 thousand dollars. The investment was not vain, approximately at this time there started the gambling boom and many companies became interested in gambling industry. The renowned casino Caesars Palace is built on his land, which he grants on lease. In 1969 he sells it, having thus earned more than 9 million dollars.

In 1967 Kirk buys 82 more acres of the precious land and builds International Hotel, which was the biggest hotel in the world at that time. In order to make the hotel popular and attract potential players, Kirk hires Elvis Presley for concerts. At that time he also buys the casino Flamingo, which he resells in 1970 to the corporation Hilton. 1973 was crucial for Kirk. He invested most of his assets into buying the film studio MGM and builds the casino-hotel MGM Grand under the brand of his new company. Now this hotel becomes the biggest in the world. At the moment Kirk Kerkorian owns the corporation Tracinda, which has the controlling stock of MGM Mirage (casino in Nevada, New Jersey, Macao etc). Kirks interests are not limited only to gambling industry. He owns 10% of the shares of General Motors. All this allows him to be number 53 in the Forbes world rating, having the fortune of 8.7 billion dollars.

The Asian Fashion Industry Is Coming Of Age

When most people think of fashion they think of the runways of Paris or the big designer houses of New York City. Quietly standing in the sidelines and starting to claim its own spot in the limelight is the world of Asian fashion. Whether you know it or not if you like to wear trendy clothes then you are already probably wearing some of todays hottest Asian fashion.

The biggest players in the industry right now are the Japanese fashion houses and the Korean fashion industry but these are not the only countries setting their sights on the global market place. While China is best known for its production capability, there are signs that it is also targeting the broad Asian fashion market. Thailand, Singapore, and Malaysia also have the capability to take market share away from western designers.

Over the past five to ten years the Asian fashion industry has begun to make its mark on the world. We find this to be particularly the case in contemporary fashion. The styles targeted at the younger set owe a particular debt to the Japanese designers. Pop culture and styles made evident by entertainment stars have popped up throughout Japan and have spread to the rest of the world. The school girl look, for example, can be traced directly to the Japanese world of styles driven by pop singers.

Today we see Korean designers having more and more impact on style. Seoul, in particular, has set its sights on becoming a hub for fashion. In the past Korean designers have kept their sights close to home but now are moving to make an impact on the global stage. Even though this means competing with well known brands, the Korean fashion houses are well positioned to make a move. The region is long known for the quality of its Asian fashion trades people and the industry is working to bring prices down in order to increase competitiveness.

If you are looking for ready to wear Asian fashion then the Internet can put the world at your fingertips. There are dozens of good sites that carry a comprehensive line of Asian fashions of all styles. A quick Internet search will present you with choices that are as specialized as bridal wear and as general as sites that carry a little of everything.

It is a given that Asian fashion is poised to make significant in roads in the fashion world. The timing is right and the creative talent is there. The demand from buyers is there as well. The main stumbling block is the inconsistent nature of the sales pipeline. A great deal of progress has already been made and as the Asian fashion industry becomes more mature it will learn how to take advantage of the entire worldwide market. If recent runway shows like ones recently held in Korea are any example of what the industry is capable of, Western fashion labels should take heed. The Asian fashion industry is coming of age.