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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2012

Property, plant and equipment consist of the following:

	September 30, 2012			December 31, 2011
Machinery and equipment	$	33,071,999		$	30,856,247
Furniture and office equipment		252,865			178,045
Motor vehicles		523,515			443,870
Buildings		32,058,507			25,777,820
Property, plant and equipment, gross		65,906,886			57,255,982
Less: accumulated depreciation		(16,125,525	)		(12,978,754	)
Property, plant and equipment, net	$	49,781,361		$	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