Property, plant and equipment

3 Months Ended

Mar. 31, 2015

2. Property, plant and equipment at March 31, 2015 and December 31, 2014 consists of the following:


	March 31, 2015			December 31, 2014
Land	$	2,458		$	2,458
Buildings and improvements		14,385			14,380
Machinery and equipment		108,286			107,899
Office furniture, fixtures and equipment		4,542			4,698
Automotive equipment		374			374
Construction in progress		4,548			3,432

		134,593			133,241
Less accumulated depreciation		(85,406	)		(83,215	)

	$	49,187		$	50,026

During the three months ended March 31, 2015, the Company eliminated from assets and accumulated depreciation $136 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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