Property, plant and equipment

9 Months Ended

Sep. 30, 2014

2. Property, plant and equipment at September 30, 2014 and December 31, 2013 consists of the following:


	September 30, 2014			December 31, 2013
Land	$	2,458		$	2,458
Buildings and improvements		14,356			14,167
Machinery and equipment		106,559			94,184
Office furniture, fixtures and equipment		4,844			9,717
Automotive equipment		375			278
Construction in progress		3,624			10,615

		132,216			131,419
Less accumulated depreciation		(81,002	)		(78,951	)

	$	51,214		$	52,468

During the three months ended September 30, 2014, the Company eliminated from assets and accumulated depreciation $5,150 of fully depreciated assets.

Substantially all of the Company’s assets are pledged as collateral with its banks.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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