Significant Customers

9 Months Ended

Nov. 30, 2012

Significant Customers

(9) Significant Customers. Due to the concentration in the automotive industry, management believes that sales to individual automotive customers—both Tier 1 and Tier 2 (including US Steel)—are significant. The following table shows sales to the Company’s major customers as a percentage of consolidated net sales for the three and nine months ended November 30, 2012 and 2011.

	% of Consolidated Net Sales for the Three Months Ended November 30,						% of Consolidated Net Sales for the Nine Months Ended November 30,
Customer	2012			2011			2012			2011
Chrysler		21	%		17	%		21	%		16	%
US Steel		17	%		18	%		16	%		22	%
Ford		5	%		14	%		8	%		12	%

The following table shows gross accounts receivable from the significant customers as a percentage of total consolidated gross accounts receivable as of November 30, 2012, and February 29, 2012.

	% of Consolidated Gross Accounts Receivable
Customer	November 30, 2012			February 29, 2012
Chrysler		19	%		18	%
US Steel		9	%		12	%
Ford		5	%		15	%