Reunion Industries reports $230,000 March operating profit

By Caroline Salls

Pittsburgh, April 29 - Reunion Industries, Inc. reported a $230,000 operating loss for March on $1.02 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Connecticut.

The loss narrowed from the $314,000 operating loss posted in February on $998,000 in net sales.

The March net loss was $179,000, narrowing from a $310,000 February net loss.

Cash and cash equivalents on March 31 were $4.36 million, compared with $4.96 million at the end of February.

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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