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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2021

Note 5 – Property, Plant and Equipment:

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

	March 31,
	2021		2020
Land	$	365	$	171
Buildings and leasehold improvements		21,095		19,393
Machinery and equipment		31,619		30,474
Construction in progress		8		1,360
		53,087		51,398
Less – accumulated depreciation and amortization		35,469		33,811
	$	17,618	$	17,587

Depreciation expense in fiscal 2021, fiscal 2020 and fiscal 2019 was $1,945, $1,957, and $1,968, respectively.