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, 2012
Property, Plant And Equipment [Abstract]  
Property, Plant And Equipment

NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

December 31

 

useful life

 

2012

 

2011

Land

 

 

 

 

 

$

3,135,351 

 

$

3,114,330 

Buildings and improvements

7-40 years

 

 

8,858,976 

 

 

8,779,969 

Machinery and equipment

3-15 years

 

 

23,247,888 

 

 

23,266,325 

Furniture and fixtures

5-10 years

 

 

3,644,306 

 

 

3,966,579 

Construction in progress

 

 

 

 

 

 

1,546,732 

 

 

515,095 

 

 

 

 

 

 

 

40,433,253 

 

 

39,642,298 

Less accumulated depreciation

 

 

 

 

 

 

(25,958,340)

 

 

(25,623,279)

 

 

 

 

 

 

$

14,474,913 

 

$

14,019,019