Concentrations

12 Months Ended

Dec. 31, 2011

Concentrations [Abstract]

Concentration Risk Disclosure [Text Block]

NOTE 14 – CONCENTRATIONS

Customers

No customer accounted for 10% or more of the Company’s revenues during the year ended December 31, 2011. During the year ended December 31, 2010, three customers of the forged rolled rings and related components segment accounted for an aggregate of 31% of the Company’s total revenues. The following table sets forth sales to these customers.

	Years Ended December 31,
Customer	2011	2010
A	*	10%
B	*	10%
C	*	11%

*           Less than 10%.

Suppliers

The following table sets forth information as to each supplier that accounted for 10% or more of the Company’s purchases for the years ended December 31, 2011 and 2010.

	Years Ended December 31,
Supplier	2011	2010
A	13%	20%
B	*	14%
C	13%	13%
D	14%	*

*           Less than 10%.