NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of inventories

	2012			2011
Raw materials	$	13,325,525		$	13,056,955
Work in process		2,704,653			3,202,002
Finished goods		3,108,839			3,880,764
Reserves		(1,474,155	)		(1,110,128	)
Total	$	17,664,862		$	19,029,593

Schedule of estimated useful lives of property and equipment

Buildings	39 Years
Leasehold improvements	3-15 Years
Manufacturing equipment	3-7 Years
Office and other equipment	3-7 Years

Schedule of property and equipment

	2012			2011
Land	$	375,000		$	260,000
Building and Leasehold Improvements		8,997,813			6,370,570
Manufacturing Equipment		15,065,683			14,156,261
Office and Other Equipment		4,539,291			4,240,137
Accumulated Depreciation		(17,411,472	)		(15,943,094	)
Net Property and Equipment	$	11,566,315		$	9,083,874

Schedule of finite life intangible assets

	December 31, 2012
	Remaining Lives (Years)		Gross Carrying Amount		Accumulated Amortization Amount		Net Book Value Amount
Bond Issue Costs		9	$	79,373	$	34,395	$	44,978
Customer Base		0		676,557		676,557		—
Totals			$	755,930	$	710,952	$	44,978

	December 31, 2011
	Remaining Lives (Years)		Gross Carrying Amount		Accumulated Amortization Amount		Net Book Value Amount
Bond Issue Costs		10	$	79,373	$	29,105	$	50,268
Customer Base		1		676,557		665,278		11,279
Totals			$	755,930	$	694,383	$	61,547

Schedule of amortization expense

Year ended December 31, 2012	$	16,569
Year ended December 31, 2011		140,603

Schedule of net sales by markets

(in thousands)	2012		2011
Aerospace and Defense	$	15,698	$	16,478
Medical		32,532		33,378
Industrial		58,707		64,380
Total Net Sales	$	106,937	$	114,236

Schedule of noncurrent assets, excluding deferred taxes, by country

	United States		Mexico		Total
2012
Net property and equipment	$	11,177,694	$	388,621	$	11,566,315
Other assets		249,487		7,726		257,213
2011
Net property and equipment	$	8,811,273	$	272,601	$	9,083,874
Other assets		393,056		7,726		400,782