<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 452,459 <SECURITIES> 0 <RECEIVABLES> 7,507,095 <ALLOWANCES> 987,133 <INVENTORY> 7,023,716 <CURRENT-ASSETS> 14,827,628 <PP&E> 23,767,106 <DEPRECIATION> 5,725,627 <TOTAL-ASSETS> 90,796,529 <CURRENT-LIABILITIES> 47,289,948 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 78,457 <OTHER-SE> 500,000 <TOTAL-LIABILITY-AND-EQUITY> 25,223,522 <SALES> 3,128,400 <TOTAL-REVENUES> 10,746,223 <CGS> 2,147,577 <TOTAL-COSTS> 8,378,729 <OTHER-EXPENSES> (11,287) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,490,152 <INCOME-PRETAX> 888,629 <INCOME-TAX> 355,452 <INCOME-CONTINUING> 533,177 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 553,177 <EPS-PRIMARY> 0.07 <EPS-DILUTED> 0.07