PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2019

PROPERTY, PLANT AND EQUIPMENT, NET

PROPERTY, PLANT AND EQUIPMENT, NET

7. PROPERTY, PLANT AND EQUIPMENT, NET

At December 31, 2019 and 2018, property, plant and equipment consisted of:

	2019		2018
	(Dollars in thousands)
Land and land improvements	$	3,793	$	3,778
Buildings and improvements		26,912		26,912
Machinery and equipment		34,032		32,310
Retail fixtures and leasehold improvements		10,112		11,522
Construction in progress		5,273		92
Property, plant and equipment		80,122		74,614
Less: Accumulated depreciation		(47,908)		(45,907)
Property, plant and equipment, net	$	32,214	$	28,707

The increase in construction in progress in 2019 was primarily due to the expansion of office space within the Company’s headquarters. This project is expected to be complete in the first quarter of 2020.