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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2022

Note 5 – Property, Plant and Equipment:

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


	March 31,
	2022		2021
Land and land improvements	$	450	$	365
Buildings and leasehold improvements		22,820		21,095
Machinery and equipment		39,905		31,619
Construction in progress		228		8
		63,403		53,087
Less – accumulated depreciation and amortization		38,519		35,469
	$	24,884	$	17,618

Depreciation expense in fiscal 2022, fiscal 2021 and fiscal 2020 was $3,077, $1,945, and $1,957, respectively.