SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2014

Segment Reporting Tables

Operating segments

		Year Ended December 31,
		2014			2013
COMPLEX MACHINING
	Net Sales	$	44,220,000		$	49,203,000
	Gross Profit		8,691,000			11,753,000
	Pre Tax Income		1,074,000			4,273,000
	Assets		60,409,000			33,207,000
AEROSTRUCTURES AND ELECTRONICS
	Net Sales		18,273,000			13,630,000
	Gross Profit		4,812,000			3,482,000
	Pre Tax Loss		(554,000	)		(203,000)
	Assets		21,386,000			11,619,000
TURBINE ENGINE COMPONENTS
	Net Sales		1,838,000			-
	Gross Profit		595,000			-
	Pre Tax Income		142,000			-
	Assets		8,150,000			-
CORPORATE
	Net Sales		-			-
	Gross Profit		-			-
	Pre Tax Loss		(363,000	)		(501,000	)
	Assets		20,066,000			9,647,000
CONSOLIDATED
	Net Sales		64,331,000			62,833,000
	Gross Profit		14,098,000			15,235,000
	Pre Tax Income		299,000			3,569,000
	Provision for Taxes		(368,000	)		(170,000)
	Net Income		667,000			3,739,000
	Elimination of Assets		(44,091,000	)		(4,301,000	)
	Assets	$	65,920,000		$	50,172,000