Property, Plant and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

5.Property, Plant and Equipment

Property, plant and equipment consisted of the following:

	December 31,
(table only in thousands)	2022			2021
Land, building and improvements	$	11,986		$	7,524
Machinery and equipment		33,521			29,306
Property, plant and equipment, gross		45,507			36,830
Less accumulated depreciation		(24,679	)		(20,882	)
Property, plant and equipment, net	$	20,828		$	15,948

Depreciation expense was $3.6 million, $3.2 million and $2.5 million for 2022, 2021 and 2020, respectively.