Property, Plant and Equipment

12 Months Ended

Dec. 31, 2017

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT:

	2017			2016
Land and land improvements	$	12,172		$	11,747
Buildings		68,572			66,017
Machinery and equipment		340,396			323,684
Construction-in-process		5,019			2,595
Other		7,193			7,495
		433,352			411,538
Accumulated depreciation		(218,372	)		(197,130	)
Property, plant and equipment, net	$	214,980		$	214,408

The majority of the assets of the Corporation, except real property including the land and building of UES-UK, is pledged as collateral for the Corporation’s revolving credit facility (see Note 8). Land and buildings of UES-UK, equal to approximately $2,831 (£2,098) at December 31, 2017, are held as collateral by the trustees of the UES-UK defined benefit pension plan (see Note 9). The gross value of assets under capital lease and the related accumulated amortization approximated $4,082 and $1,101, respectively, as of December 31, 2017, and $3,610 and $691, respectively, as of December 31, 2016.