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Published on 1/7/2010 in the Prospect News Distressed Debt Daily.

Reunion Industries reports $210,000 operating loss for November

By Caroline Salls

Pittsburgh, Jan. 7 - Reunion Industries, Inc. reported a $210,000 operating loss for November on $1.11 million in net sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Connecticut.

The figures showed a decline from the $105,000 operating loss posted for October on $1.45 million in net sales.

The net loss for November was $193,000, compared to a $353,000 October net income.

Reunion had $1.92 million in cash and cash equivalents at Nov. 30, up from $1.83 million at the end of October.

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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