Property, Plant and Equipment

6 Months Ended

Jun. 30, 2012

Basis Of Presentation

4. Property, Plant and Equipment

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

Depreciation expense included in general and administration expenses for the three months ended June 30, 2012 and 2011 was $111,897 and $72,750, respectively, and was $194,736 and $120,822 for the six months ended June 30, 2012 and 2011, respectively. Depreciation expense included in cost of sales for the three months ended June 30, 2012 and 2011 was $571,191 and $768,302, respectively, and was $1,149,150 and $1,540,483 for the six months ended June 30, 2012 and 2011, respectively