Segment Information (Tables)

9 Months Ended

Sep. 30, 2013

Segment Information [Abstract]

Segment Information

	Three Months Ended  September 30,						Nine Months Ended  September 30,
	2013			2012			2013			2012
Revenues:
Forged rolled rings and related components	$	8,722,683		$	9,826,210		$	23,447,214		$	23,619,875
Dyeing and finishing equipment		9,490,825			7,517,513			25,865,127			15,965,940
		18,213,508			17,343,723			49,312,341			39,585,815
Depreciation:
Forged rolled rings and related components		1,065,933			1,261,991			3,171,777			3,694,696
Dyeing and finishing equipment		595,807			365,267			1,711,122			1,025,073
		1,661,740			1,627,258			4,882,899			4,719,769
Interest expense:
Forged rolled rings and related components		38,428			66,494			118,341			196,690
Dyeing and finishing equipment		36,210			17,795			125,950			47,995
		74,638			84,289			244,291			244,685
Net income (loss):
Forged rolled rings and related components		1,094,210			1,270,837			3,114,330			2,347,542
Dyeing and finishing equipment		1,248,012			1,201,156			3,467,999			2,117,296
Other (a)		(211,486	)		(116,891	)		(506,440	)		(735,571	)
	$	2,130,736		$	2,355,102		$	6,075,889		$	3,729,267

Identifiable long-lived tangible assets at September 30, 2013 and December 31, 2012 by segment:	September 30, 2013		December 31, 2012
Forged rolled rings and related components	$	44,867,148	$	40,636,142
Dyeing and finishing equipment		21,831,943		18,799,958
	$	66,699,091	$	59,436,100
Identifiable long-lived tangible assets at September 30, 2013 and December 31, 2012 by geographical location:	September 30, 2013			December 31, 2012
China	$	66,699,091	$	59,436,100
United States		-		-
	$	66,699,091	$	59,436,100