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Segment Information (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Revenues:    
Revenues $ 72,112,662 $ 57,199,221
Depreciation:    
Depreciation 6,704,386 6,519,394
Interest expense:    
Interest expense 300,381 305,659
Net income (loss):    
Net income (loss) 8,185,577 4,198,580
Identifiable long-lived tangible assets by segment:    
Identifiable long-lived tangible assets 75,346,344 66,554,655
Identifiable long-lived tangible assets by geographical location:    
Identifiable long-lived tangible assets 75,346,344 66,554,655
Forged Rolled Rings and Related Components [Member]
   
Revenues:    
Revenues 33,775,849 31,940,931
Depreciation:    
Depreciation 4,355,417 5,077,390
Interest expense:    
Interest expense 141,324 239,974
Net income (loss):    
Net income (loss) 3,244,455 1,359,449
Identifiable long-lived tangible assets by segment:    
Identifiable long-lived tangible assets 43,987,670 40,636,142
Dyeing and Finishing Equipment [Member]
   
Revenues:    
Revenues 38,336,813 25,258,290
Depreciation:    
Depreciation 2,348,969 1,442,004
Interest expense:    
Interest expense 159,057 65,685
Net income (loss):    
Net income (loss) 5,747,096 3,737,787
Identifiable long-lived tangible assets by segment:    
Identifiable long-lived tangible assets 26,607,468 18,799,958
Other Segment [Member]
   
Net income (loss):    
Net income (loss) (805,974) [1] (898,656) [1]
Identifiable long-lived tangible assets by segment:    
Identifiable long-lived tangible assets 4,751,206 [2] 7,118,555 [2]
China [Member]
   
Identifiable long-lived tangible assets by geographical location:    
Identifiable long-lived tangible assets 75,346,344 66,554,655
United States [Member]
   
Identifiable long-lived tangible assets by geographical location:    
Identifiable long-lived tangible assets      
[1] The Company does not allocate any general and administrative expenses of its U.S. activities to its reportable segments, because these activities are managed at a corporate level.
[2] The Company does not allocate the equipment held for operating lease to any operating segment.