Annual report pursuant to Section 13 and 15(d)

Property, Plant And Equipment

v2.4.0.6
Property, Plant And Equipment
12 Months Ended
Dec. 31, 2011
Property, Plant And Equipment [Abstract]  
Property, Plant And Equipment

NOTE 3 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment and the estimated useful lives are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31

 

 

 

Estimated
useful life

 


 

 

 

 

2011

 

2010

 

 

 


 


 


 

Land

 

 

 

 

$

3,114,330

 

$

3,099,988

 

Buildings and improvements

 

 

7-40 years

 

 

8,779,969

 

 

8,449,395

 

Machinery and equipment

 

 

3-15 years

 

 

23,266,325

 

 

21,889,116

 

Furniture and fixtures

 

 

5-10 years

 

 

3,966,579

 

 

3,569,720

 

Construction in progress

 

 

 

 

 

515,095

 

 

 

 

 

 

 

 



 



 

 

 

 

 

 

 

39,642,298

 

 

37,008,219

 

Less accumulated depreciation

 

 

 

 

 

(25,623,279

)

 

(23,794,152

)

 

 

 

 

 



 



 

 

 

 

 

 

$

14,019,019

 

$

13,214,067