Business Description and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Business Description and Summary of Significant Accounting Policies

Schedule of estimated useful lives of property, plant and equipment

Buildings and improvements	5-40 years
Machinery and equipment	5-20 years
Tooling	3‑5 years

Schedule of income tax expenses and effective tax rate

	For the Nine Months Ended
	September 30,
	2021			2020			% Change
	($000’s omitted)
Income Tax Expense	$	369		$	240		53.8	%
Effective tax rate		6.9	%		18.2	%	(62.1)	%