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Delta Mills reports $5.30 million August operating loss
By Jennifer Lanning Drey
Portland, Ore., Sept. 28 - Delta Mills, Inc. reported a $5.30 million operating loss for the period of Aug. 5 through Sept. 1 on zero net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $5.27 million.
Cash at the end of the period was $12.74 million.
Delta Mills is the operating subsidiary of Delta Woodside, Inc., a Greenville, S.C.-based company that manufactures and sells textile products for the apparel industry. Delta Mills filed for bankruptcy on Oct. 13, 2006. The Chapter 11 case number is 06-11144.
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