Reunion Industries records $129,000 October operating loss

By Caroline Salls

Pittsburgh, Dec. 3 - Reunion Industries, Inc. reported a $129,000 operating loss for October on $1.54 million in net sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Connecticut.

The figures showed improvement over the $161,000 operating loss recorded in September on $1.38 million in net sales.

The net loss for October was $161,000, widening from a $51,000 September net loss.

Cash and cash equivalents at Oct. 31 were $6.99 million, down from $7.48 million at the end of September.

Reunion, a Pittsburgh-based manufacturer of metal and plastic products, filed for bankruptcy on Nov. 29, 2007. Its Chapter 11 case number is 07-50727.

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