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INVENTORIES (Details) - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014
Raw materials | $ 28,837 |  | $ 21,385
Work-in-process | 11,907 |  | 9,565
Finished goods | 5,993 |  | 6,769
Gross inventories | 46,737 |  | 37,719
Less: Inventory Reserve | (3,585) |  | (2,798)
Net inventories | 43,152 |  | $ 34,921
Increase in inventories | 8,231 | $ (849) |
Towers and Weldments Segment |  |  |
Increase in inventories | $ 8,485 |  |

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