Property, Plant and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment

Property, Plant and Equipment

4.    Property, Plant and Equipment

	December 31,		December 31,
	2020		2019
	($000's omitted)
Land	$	7	$	7
Buildings		11,359		11,017
Machinery, equipment and tooling		21,146		20,695
Construction in progress		198		331
		32,710		32,050
Less accumulated depreciation and amortization		(20,693)		(19,333)
Property, plant and equipment, net	$	12,017	$	12,717

Depreciation and amortization expense amounted to approximately $1,442,000 and $1,268,000 for the years ended December 31, 2020 and 2019, respectively. Depreciation expense amounted to approximately $1,368,000 and $1,178,000 for the years ended December 31, 2020 and 2019, respectively. Amortization expense primarily related to capital leases amounted to approximately $74,000 and $90,000 for years ended December 31, 2020 and 2019, respectively.

The Company's Right of Use ('ROU') assets included in machinery, equipment and tooling had a net book value of approximately $610,000  ($728,000 - 2019).

As of December 31, 2020, there is approximately $198,000 ($331,000 – 2019) of construction in progress (CIP) included in property, plant and equipment all of which is related to capital projects. There is approximately $191,000 in CIP for the machinery and equipment and self-constructed assets, and $7,000 of computer equipment primarily at the Advance Technology Group.