Reunion Industries posts $126,000 July operating loss

By Caroline Salls

Pittsburgh, Aug. 27 - Reunion Industries, Inc. reported a $126,000 July operating loss on net sales of $1.5 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Connecticut.

The figures compare to a $2 million June operating loss reported on net sales of $1.72 million.

The net loss for July was $80,000, compared with a $36,000 June net income.

Cash and cash equivalents at the end of July were $7.17 million, down from $16.5 million at the end of June.

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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.