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PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment consist of the following:

	As of June 30,
	2012			2011
Building and improvements	$	36,174,009		$	44,032,549
Auto		835,412			1,491,849
Machinery and equipment		63,280,923			37,570,652
Agriculture assets		3,163,286			1,607,333
Total property, plant and equipment		103,453,630			84,702,383
Less: accumulated depreciation		(23,388,469	)		(18,490,942	)
Total	$	80,065,161		$	66,211,441

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details