Reunion Industries operating loss shrinks to $101,000 in February

By Caroline Salls

Pittsburgh, April 26 - Reunion Industries, Inc. reported a $101,000 operating loss for February on $1.31 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 $150,000 operating loss posted for January on $145,000 in net sales.

The net loss for February was $131,000, narrowing from a $145,000 net loss.

Reunion had $1.74 million in cash and cash equivalents at Feb. 28, down from $1.83 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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