Reunion Industries net loss improves to $251,000 in January

By Caroline Salls

Pittsburgh, March 2 - Reunion Industries, Inc. reported a $251,000 operating loss for January on $1.29 million in net sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Connecticut.

The figures improved from the $583,000 operating loss posted in December on $990,000 in net sales.

The net loss for January was $194,000, narrowing from a $1.23 million December net loss.

Cash and cash equivalents on Jan. 31 were $5.42 million, compared with $5.91 million at the end of December.

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.