Concentrations

3 Months Ended

Mar. 31, 2013

Concentrations [Abstract]

CONCENTRATIONS

NOTE 13 – CONCENTRATIONS

Customers

Two customers of the dyeing and finishing equipment segment accounted for 10% or more of the Company’s revenues during the three months ended March 31, 2013, respectively. One customer of the forged rolled rings and related components segment accounted for 10% or more of the Company’s revenues during the three months ended March 31, 2012.

The following table sets forth information as to each customer that accounted for 10% or more of the Company’s revenues for the three months ended March 31, 2013 and 2012.

	Three Months Ended March 31,
Customer	2013	2012
A	14%	*
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 three months ended March 31, 2013 and 2012.

	Three Months Ended March 31,
Supplier	2013			2012
A		16	%		*
B		*			22	%
C		*			23	%

*           Less than 10%.