Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment (Tables)

v3.22.2.2
Property, Plant, and Equipment (Tables)
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property, plant and equipment consist of the following as of September 30, 2022 and December 31, 2021:
(in thousands)
September 30, 2022 December 31, 2021
Machinery and equipment
$ 362,224  $ 285,718 
Buildings and improvements
18,064  16,039 
Furniture and fixtures
3,296  1,176 
Construction in progress (1)
239,223  55,039 
Land
585  246 
Total cost
623,392  358,218 
Less accumulated depreciation
(27,280) (7,635)
Property, plant and equipment, net
$ 596,112  $ 350,583 
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(1) Includes both acquired long-lead equipment and projects in progress.