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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2024

Note 5 – Property, Plant and Equipment:

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


	March 31,
	2024		2023
Land and land improvements	$	450	$	450
Buildings and leasehold improvements		24,651		23,112
Machinery and equipment		45,391		41,398
Construction in progress		6,699		2,518
		77,191		67,478
Less – accumulated depreciation and amortization		45,111		41,955
	$	32,080	$	25,523

Depreciation expense in fiscal 2024, fiscal 2023 and fiscal 2022 was $3,275, $3,511, and $3,077, respectively.