Property, Plant and Equipment

12 Months Ended

Jan. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

5.Property, Plant and Equipment

Property, plant and equipment at January 31, 2012 and 2011 consisted of the following:

	2012			2011
Land and improvements	$	173,000		$	173,000
Building and improvements		2,510,000			2,502,000
Machinery and equipment		6,724,000			5,038,000
Patterns, dies and tools		611,000			578,000
Furniture and fixtures		1,635,000			1,576,000
Construction in progress		776,000			1,495,000
		12,429,000			11,362,000
Less: accumulated depreciation		(8,223,000	)		(7,844,000	)
Property, plant and equipment, net	$	4,206,000		$	3,518,000

Depreciation expense was $380,000 and $307,000 for the years ended January 31, 2012 and 2011, respectively. Certain components of property, plant and equipment are pledged as collateral for debt obligations. See Note 9 for further discussion of collateralized property, plant and equipment.