Mark IV Industries reports $1.88 million August operating loss

By Caroline Salls

Pittsburgh, Oct. 14 - Mark IV Industries, Inc. reported a $1.88 million operating loss for August on zero net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company posted a $2.03 million operating loss for July, also on zero net sales.

The net loss for August was $29.97 million, widening from a $6.75 million July net loss.

The company had $25.26 million of cash and cash equivalents at Aug. 31, down from $25.84 million at the end of July.

Mark IV is an Amherst, N.Y., manufacturer of engineered systems and components for the automotive, industrial and transportation markets. Its Chapter 11 case number is 09-12795.

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