Milacron reports $2.32 million net operating loss for June; sales up

By Caroline Salls

Pittsburgh, Aug. 6 - Milacron, Inc. reported a $2.32 million net operating loss for June on $24.21 million in total sales, according to its monthly operating report filed Thursday with the Securities and Exchange Commission.

The figures compare with a $2.1 million net operating loss posted for May on $18.33 million in total sales.

The net loss for June was $8.57 million, widening slightly from an $8.53 million May net loss.

Milacron had $5.24 million in cash and cash equivalents at June 30, down from $5.41 million at the end of May.

Milacron, a Cincinnati-based supplier of plastics-processing technologies and industrial fluids, filed for bankruptcy on March 10 in the U.S. Bankruptcy Court for the Southern District of Ohio. Its Chapter 11 case number is 09-11235.

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