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Maxim Crane Works posts $5.1 million loss for November
By Jeff Pines
Washington, Dec. 22 - Maxim Crane Works posted a $5.1 million loss for November on revenues of $27.63 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Western District of Pennsylvania.
For October, the Pittsburgh-based crane rental company reported a $2.24 million loss on sales of $33.33 million.
Maxim's legal name is ACR Management LLC.
On Nov. 30, the company had $7.49 million in cash and cash equivalents compared with $6.04 million on Oct. 31.
Maxim filed for bankruptcy on June 14, 2004. Its Chapter 11 case number is 04-27848.
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