Note 3 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3 – Property, Plant and Equipment:

Property, plant and equipment are summarized as follows:

	December 31,			December 31,
	2022			2021
Refrigeration Equipment	$	137,875		$	122,063
Machinery and Equipment		199,504			140,471
Building, Land, and Improvements		458,800			150,927
Furniture and Office Equipment		14,040			8,844
Leasehold Improvements		1,319			1,319
Construction in Progress		134,338			273,880
		945,877			697,504
Less: Accumulated Depreciation		(145,291	)		(113,582	)
Property, Plant and Equipment, net	$	800,586		$	583,922

Depreciation expense related to property, plant and equipment totaled $34,332, $29,467, and $20,805 in 2022, 2021 and 2020, respectively; of which $20,774, $16,545, and $9,576 was recorded in cost of goods sold for 2022, 2021 and 2020, respectively, with the remainder of depreciation expense being recorded to selling, general and administrative expense.