Property, Plant and Equipment

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment ("PP&E") consist of the following:

(In thousands)	June 30 2024		December 31 2023
Land and improvements	$	92,305	$	93,793
Buildings and improvements	239,220		243,472
Machinery and equipment	1,682,296		1,729,637
Uncompleted construction	66,070		66,241
Gross property, plant and equipment	2,079,891		2,133,143
Less: Accumulated depreciation	(1,387,475)		(1,425,746)
Property, plant and equipment, net	$	692,416	$	707,397

During the three months ended June 30, 2023, the Company recorded an impairment charge of $14.1 million related to abandoned equipment at a customer site of HE China, which is included in the caption Property, plant and equipment impairment charge in the Condensed Consolidated Statements of Operations.