Reunion Industries reports $314,000 February operating loss

By Caroline Salls

Pittsburgh, March 30 - Reunion Industries, Inc. reported a $314,000 operating loss for February on $998,000 in net sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Connecticut.

The loss widened from the $251,000 operating loss posted in January on $1.29 million in net sales.

The February net loss was $310,000, widening from a $194,000 January net loss.

Cash and cash equivalents on Feb. 28 were $4.96 million, compared with $5.42 million at the end of January.

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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