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PROPERTY, PLANT AND EQUIPMENT (Tables)

6 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment consist of the following:

	December 31,			June 30,
	2012			2012
Building and improvements	$	35,200,303		$	36,174,009
Auto		715,090			835,412
Machinery and equipment		72,918,242			63,280,923
Agriculture assets		3,165,281			3,163,286
Total property, plant and equipment		111,998,916			103,453,630
Less: accumulated depreciation		(28,631,625	)		(23,388,469	)
Total	$	83,367,291		$	80,065,161

- 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