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Related Party Transactions
6 Months Ended
Apr. 30, 2014
Related Party Transactions [Abstract]  
Related Party Transactions

4.              Related Party Transactions:

 

Leland E. Boren, a stockholder and director of the Company, is the owner of Avis Industrial Corporation (Avis). Mr. Boren controls 50.8% of the outstanding shares of the Company. Avis owns 100% of The American Baler Company, a competitor of the Company. On January 1, 2014, Avis acquired The Harris Waste Management Group, Inc., also a competitor of the Company. These baler companies operate independent of each other.  The Company had no equipment sales to, or purchases from, these companies for the six months ended April 30, 2014 or in fiscal year ended October 31, 2013.