Reunion Industries posts improved $174,000 operating loss in August

By Caroline Salls

Pittsburgh, Sept. 28 - Reunion Industries, Inc. reported a $174,000 operating loss for August on $1.16 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 showed improvement over the $408,000 operating loss posted in July on $1.01 million in net sales.

The net loss for August was $160,000, narrowing from a $437,000 July net loss.

Reunion had $2.02 million in cash and cash equivalents at Aug. 31, down from $2.09 million at the end of July.

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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