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PROPERTY, PLANT AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net consisted of the following (amounts in thousands):
 June 30,
2021
December 31,
2020
Land and improvements$43,128 $43,943 
Buildings and improvements242,629 245,619 
Machinery and equipment582,773 583,847 
Tools, dies and molds112,461 111,189 
Construction-in-process15,742 11,282 
 996,733 995,880 
Less accumulated depreciation(686,523)(676,026)
 $310,210 $319,854 
 
Depreciation on property, plant and equipment for the six months ended June 30, 2021 and 2020 totaled $24.0 million and $25.1 million, respectively.

The Company recorded a $2.6 million asset impairment charge during the six months ended June 30, 2020 related to certain machinery and equipment located at Titan Tire Reclamation Corporation (TTRC) in Canada as a result of market declines, which indicated the remaining book value of the equipment is more than the fair market value.