January 10, 2019 6:53 pm
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An important part of the manufacturing business is managing costs. This can be done in a variety of ways, but tracking inventory is an important aspect. Those who deal with cotton gin parts in Lubbock, TX often have to consider rising prices as they place value on their inventory. How this is done greatly affects costs, revenue and taxes. When prices are on the rise, consider the following methods of evaluating inventory. A quick consultation with your accountant can help you determine which method is best for your business. LIFO Last-in, first-out, abbreviated LIFO, is a common costing method. As... View Article
November 29, 2018 11:02 pm
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According to the National Council of Textile Organizations (NCTO), as of 2017, the value of the U.S. textile, man-made fiber filament and apparel shipments totaled an estimated $77.9 billion. Out of this total, cotton and wool made up about $5.9 billion. In fact, in 2016, the U.S. was the world’s fourth largest country exporter of fiber, yarn, fabric and non-apparel sewn products. So how did the U.S. become so well-positioned in the textile market? Well, our country has had a long history in the textile industry. As your local source for cotton gin parts in Texas for the past 75... View Article
October 25, 2018 3:42 pm
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Ever since the cotton gin was invented, it has been regarded as one of the most revolutionary pieces of agricultural equipment. While the basic function of the cotton gin has remained consistent since its development in 1793, its design, capacity and size have transformed pretty significantly. Modern cotton gins are capable of delivering considerable productivity and providing producers with the ability to track gin cycles with computer technology and sophisticated sensors. Read on to find out more about the modern cotton gin components in Lubbock, TX that are used to produce today’s cotton. Modern cotton ginning A cotton gin’s basic... View Article
September 27, 2018 11:43 pm
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Throughout history, a number of inventions have been pivotal in the further development of technology. One of the most important inventions in the agricultural industry was that of the cotton gin, invented by Eli Whitney in the late 18th century. However, despite the historical importance of this invention, many people don’t know much about the significance of the cotton gin and how it impacted the future of agriculture. Read on to find out more about how the cotton gin was developed and how it has influenced agriculture through the years. Before the cotton gin Eli Whitney was born in Massachusetts... View Article
August 21, 2018 9:21 pm
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Are you familiar with the cotton harvest? Do you know when and how to properly harvest this commodity for best results? Could you explain the purpose of a cotton gin in Lubbock, TX? To educate yourself on the process, check out the following FAQ. For additional information, contact your local supplier of cotton gin components in Lubbock, TX. When is the best time to harvest cotton? Cotton should be harvested when the cotton moisture content is 12 percent or less. Aim for a time when the surrounding humidity level is less than 60 percent. Keep in mind, when the field... View Article