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These incredible ice palaces have been made the same way since 1955

A family's treasured piece of history is part of an annual tradition that continues to inspire awe and wonder across generations.

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Residents of Saranac Lake, New York, look forward to a winter carnival celebration every year, along with a tradition that dates back to 1955. An 80-year-old ice-cutting saw is brought out to Lake Flower, where it cuts into ice that's at least a foot thick and transforms it into building blocks for frozen palaces. The historic saw is owned by the Duso family and has helped build more than a dozen ice palaces that always inspire reactions of wonder and awe from the town's residents.

Watch the video above to see what this ice palace-making machine is capable of.