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Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property, plant and equipment consist of the following:

	June 30, 2012				December 31, 2011
Machinery and equipment		$	30,708,041			$	30,856,247
Furniture and office equipment			221,080				178,045
Motor vehicles			442,719				443,870
Buildings			32,123,715				25,777,820
Property, plant and equipment, gross			63,495,555				57,255,982
Less: accumulated depreciation			(15,060,180	)			(12,978,754	)
Property, plant and equipment, net		$	48,435,375			$	44,277,228

- 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