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GOODWILL (Tables)
12 Months Ended
Jan. 02, 2021
GOODWILL  
Schedule of Roll-forward of Goodwill

 

 

Engineered

 

 

Diversified

 

 

 

 

 

 

Solutions

 

 

Products

 

 

Total

 

2020

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$69,614,627

 

 

$9,903,385

 

 

$79,518,012

 

Investment in Hallink Moulds

 

 

2,302,000

 

 

 

-

 

 

 

2,302,000

 

Impairment Charge

 

 

(972,824)

 

 

(4,002,548)

 

 

(4,975,372)

Foreign Exchange

 

 

50,375

 

 

 

-

 

 

 

50,375

 

Ending Balance

 

$70,994,178

 

 

$5,900,837

 

 

$76,895,015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Engineered

 

 

Diversified

 

 

 

 

 

 

 

Solutions

 

 

Products

 

 

Total

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Balance

 

$24,936,991

 

 

$9,903,385

 

 

$34,840,376

 

Investment in Big 3 Precision

 

 

44,636,744

 

 

 

-

 

 

 

44,636,744

 

Foreign Exchange

 

 

40,892

 

 

 

-

 

 

 

40,892

 

Ending Balance

 

$69,614,627

 

 

$9,903,385

 

 

$79,518,012