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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2020

Note 5 – Property, Plant and Equipment:

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

	March 31,
	2020		2019
Land	$	171	$	171
Buildings and leasehold improvements		19,393		19,263
Machinery and equipment		30,474		29,530
Construction in progress		1,360		4
		51,398		48,968
Less – accumulated depreciation and amortization		33,811		31,897
	$	17,587	$	17,071

Depreciation expense in fiscal 2020, fiscal 2019 and fiscal 2018 was $1,957, $1,968, and $1,986, respectively.