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Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2013

6.	Property, Plant and Equipment

Major classifications and expected lives of property, plant and equipment are summarized below:

(In thousands)			December 31,
	Expected Life		2013		2012
Land and office buildings	39 years	$	3,472	$	3,354
Production facilities	10 - 20 years		10,121		8,552
Machinery and equipment	3 - 15 years		36,944		32,869
Furniture and fixtures	3 - 20 years		1,534		1,515
Total			52,071		46,290
Less accumulated depreciation			(28,956)		(26,508)
Property, plant and equipment, net			23,115		19,782
Construction in progress			684		3,151
		$	23,799	$	22,933

The amounts of depreciation expense calculated on the Company’s property, plant and equipment for the years ended December 31, 2013 and 2012 were $3,157,000 and $2,470,000, respectively.

- 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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