Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Segment Information [Abstract]

Segment Information

	2012			2011
Revenues:
Forged rolled rings and related components	$	31,940,931		$	37,846,190
Dyeing and finishing equipment		25,258,290			17,733,072
		57,199,221			55,579,262
Depreciation:
Forged rolled rings and related components		5,077,390			4,416,579
Dyeing and finishing equipment		1,442,004			934,780
		6,519,394			5,351,359
Interest expense:
Forged rolled rings and related components		239,974			193,709
Dyeing and finishing equipment		65,685			-
Other (a)		-			-
		305,659			193,709
Net income (loss):
Forged rolled rings and related components		1,359,449			4,586,263
Dyeing and finishing equipment		3,737,787			2,098,426
Other (a)		(898,656	)		(924,146	)
		4,198,580			5,760,543
Identifiable long-lived tangible assets at December 31, 2012 and 2011 by segment:
Forged rolled rings and related components	$	47,754,697		$	51,930,395
Dyeing and finishing equipment		18,799,958			12,111,684
	$	66,554,655		$	64,042,079
Identifiable long-lived tangible assets at December 31, 2012 and 2011 by geographical location:
China	$	66,554,655		$	64,042,079
United States		-			-
	$	66,554,655		$	64,042,079