Subsequent Events

3 Months Ended

Mar. 31, 2014

Subsequent Events [Abstract]

Subsequent Events

12. Subsequent Events

On April 24, 2014, the Company’s wholly-owned subsidiary, The Ontario Knife Company, received notification from Cattaraugus County of an approved $416,000 New York State Community Development Block Grant through the Office of Community Renewal. The grant can be used towards the purchase of equipment in connection with the proposed expansion project discussed above in Note 8, Commitments and Contingencies. In May 2014, the Company entered into certain contracts for site work in connection with proposed expansion and expects to break ground during the second quarter of 2014.