Major Customers

The Company had four major customers during 2014, Navistar, Volvo, PACCAR and Yamaha. Major customers are defined as customers whose current year sales individually consist of more than ten percent of total sales during any annual or interim reporting period in the current year. The loss of a significant portion of sales to Navistar, Volvo, PACCAR or Yamaha would have a material adverse effect on the business of the Company.

The following table presents sales revenue for the above-mentioned customers for the years ended December 31:



	2014		2013		2012
Navistar product sales	$	51,254,000	$	46,384,000	$	55,002,000
Navistar tooling sales	76,000		972,000		8,301,000
Total Navistar sales	51,330,000		47,356,000		63,303,000

Volvo product sales	46,340,000		11,508,000		6,195,000
Volvo tooling sales	2,519,000		936,000		33,000
Total Volvo sales	48,859,000		12,444,000		6,228,000

PACCAR product sales	35,602,000		42,784,000		55,524,000
PACCAR tooling sales	526,000		7,370,000		1,728,000
Total PACCAR sales	36,128,000		50,154,000		57,252,000

Yamaha product sales	16,911,000		13,648,000		12,619,000
Yamaha tooling sales	—		—		4,000
Total Yamaha sales	16,911,000		13,648,000		12,623,000

Other product sales	19,637,000		19,772,000		20,358,000
Other tooling sales	2,339,000		751,000		2,686,000
Total other sales	21,976,000		20,523,000		23,044,000

Total product sales	169,744,000		134,096,000		149,698,000
Total tooling sales	5,460,000		10,029,000		12,752,000
Total sales	$	175,204,000	$	144,125,000	$	162,450,000