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Debt and Notes Payable (Tables)
12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Schedule of long-term debt to financial institutions

(In thousands)

 

December 31,

 

 

2012

 

2011

Fixed Rate term note payable to a U.S. bank, with an interest rate of 6.65% at December 31, 2012, due January 1, 2016, secured by real estate, leasehold improvements, property, plant and equipment, inventory and accounts receivable of our U.S. operation.

 $

             1,309

$

             1,680

Term note payable to a U.S. equipment financing company, with an interest rate of 5.24% at December 31, 2012, due April 1, 2013, secured by a Caterpillar front-end loader.

 

                     -

 

                  35

Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 7.8% at December 31, 2012, due July 1, 2029, secured by TPT's land and office building purchased July 2004.  (€275)

 

                363

 

                413

Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 4.6% at December 31, 2012, due January 31, 2030, secured by TPT's land and building purchased January 2005.  (€299)

 

                395

 

                412

Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 4.05% at December 31, 2012, due July 31, 2015, secured by TPT's assets.  (€108)

 

                143

 

                205

Fixed rate Euro term note payable to a Netherlands bank, with an interest rate of 4.25% at December 31, 2012, due July 5, 2014, secured by TPT's assets.  (€334)

 

                442

 

                736

Malaysian Ringgit term note payable to a Malaysian bank, with an interest rate of 5.2% at December 31, 2012, due March 1, 2015, secured by TMM's property, plant and eqiupment. (RM 2,647)

 

                866

 

                     -

Total

 

             3,518

 

             3,481

Less current maturities

 

             1,202

 

                813

Total long-term debt and notes payable - financial institutions

 $

             2,316

$

             2,668

Schedule of the future maturities of long-term debt to financial institutions

Years Ending December 31,

 

           (In thousands)

 

 

2013

$

1,202 

 

2014

1,055 

 

2015

615 

 

2016

88 

 

2017

50 

 

Thereafter

508 

 

Total

$

3,518