A glimpse at tomorrow
October 1, 2004 By Patrick Hyland
Technology is the way we are going to grow the load for our industry.
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Technology is the way we are going to grow the load for our industry.
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Have you ever considered what it takes to buy or sell a business? For most companies, an acquisition or sale can seem like the people involved are on a secret mission. Everything is classified and confidential, and only a select few are in the loop.
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Composite cylinders are on the verge of breaking into the U.S. market, but the propane industry isn’t exactly steeling itself for the impact. The cylinders offer a host of advantages over the traditional steel – including a lighter weight, translucent material and a potentially more attractive and ergonomic design – but they are perceived, for now, by many industry leaders as a niche item that will appeal to a small segment of consumers.
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You may lack family members willing to line-up in a succession plan. Or perhaps you’ve had your fill of coping with rocketing insurance costs, government regulations and endless days topped off by late-night telephone calls from empty customers.
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Customers routinely expect their propane tanks to have an attractive finish and be functionally up-to-date. Yet setting new tanks can be most unsettling as surging raw material costs amid a red-hot worldwide steel market are pumping up the prices you pay for storage vessels of all sizes.
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The passing of Labor Day signals the end of summer and the time to beef up your work force for the rigors of another busy winter heating season. You post your trusty "Now Hiring" or "Drivers Wanted" sign outside for passing traffic to see, and maybe drop a few bucks to run a classified ad in the local newspaper. It’s a simple routine that has worked for years.
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There’s nothing un-American about wanting to make more money. How you do it could be an issue in these times of corrupt executives, but the desire is American. Why you want to do it is not an issue; maybe it’s to get rich or support a favorite charity.
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Without considerable advances in alternative fuel and vehicle technology . . . it is unlikely that any fuel will replace petroleum-based fuels in the near future.
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The program was powerful, compelling and raw to the point of prevention.
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