Graham Corporation Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2017

Note 3 – Property, Plant and Equipment:

Major classifications of property, plant and equipment are as follows:

	March 31,
	2017		2016
Land	$	210	$	210
Buildings and leasehold improvements		18,818		18,774
Machinery and equipment		28,854		28,537
Construction in progress		18		70
		47,900		47,591
Less – accumulated depreciation and amortization		30,879		28,844
	$	17,021	$	18,747

Depreciation expense in fiscal 2017, fiscal 2016, and fiscal 2015 was $2,092, $2,201, and $2,079, respectively.