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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT, AND EQUIPMENT
Depreciation expense on property, plant, and equipment, which is recorded in Cost of sales and General and administrative expenses in the Consolidated Statements of Operations, as appropriate, was $24.3 million, $24.0 million, and $20.2 million in 2021, 2020, and 2019, respectively, and includes depreciation of assets recorded in connection with the Company’s finance lease agreements. As of December 31, 2021 and 2020, the assets related to the Company’s finance lease agreements are recorded within Property, plant and equipment, net in the Consolidated Balance Sheets in the amount of $2.7 million and $2.8 million, respectively, net of accumulated depreciation of $2.0 million and $1.8 million, respectively.
See Note 20 for information related to property, plant, and equipment sales and impairment charges.
Property, plant and equipment, net consist of the following (in thousands):
December 31,
20212020
Land$41,098 $38,886 
Buildings and building improvements150,000 149,364 
Machinery and equipment313,744 309,063 
Construction in progress45,505 9,349 
550,347 506,662 
Less: accumulated depreciation(317,922)(296,986)
$232,425 $209,676