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Reunion Industries reports $150,000 operating loss for January
By Lisa Kerner
Charlotte, N.C., April 1 - Reunion Industries, Inc. reported a $150,000 operating loss for January on $145,000 in net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Connecticut.
In comparison, the company posted a $140,000 operating loss for December on $886,000 in net sales.
The net loss for January was $145,000, narrowing from a $482,000 December net loss.
Reunion had $1.83 million in cash and cash equivalents at Jan. 31, down from $1.97 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.
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