Concentrations

3 Months Ended

Mar. 31, 2014

Concentrations [Abstract]

CONCENTRATIONS

NOTE 12– CONCENTRATIONS

Customers

No customer accounted for 10% or more of the Company’s revenues during the three months ended March 31, 2014. 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. No customer accounted for 10% or more of the Company’s total outstanding accounts receivable at March 31, 2014 and December 31, 2013, respectively.

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, 2014 and 2013.

	Three Months Ended March 31,
Customer	2014		2013
A		*		14	%
B		*		10	%

*           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, 2014 and 2013.

	Three Months Ended March 31,
Supplier	2014			2013
A		10	%		*
B		12	%		16	%
C		12	%		*
D		13	%		*

*           Less than 10%.

The four largest suppliers accounted for 29.5% of the Company’s total outstanding accounts payable at March 31, 2014. The largest supplier accounted for 10.2% of the Company’s total outstanding accounts payable at December 31, 2013.