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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2019

Note 5 – Property, Plant and Equipment:

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

	March 31,
	2019		2018
Land	$	171	$	210
Buildings and leasehold improvements		19,263		19,066
Machinery and equipment		29,530		29,579
Construction in progress		4		34
		48,968		48,889
Less – accumulated depreciation and amortization		31,897		31,837
	$	17,071	$	17,052

Depreciation expense in fiscal 2019, fiscal 2018 and fiscal 2017 was $1,968, $1,986, and $2,092, respectively.