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Published on 2/15/2005 in the Prospect News Distressed Debt Daily.

Keystone Consolidated loses $2.53 million in January

By Ellen Chang

Houston, Feb. 15 - Keystone Consolidated Industries Inc. posted a net loss of $2.53 million for January on sales of $30.30 million, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Wisconsin Monday.

The operating loss was $1.21 million.

Total cash at the end of January was $4.77 million compared with $7.79 million at the end of December.

Keystone, a Dallas-based fencing and wiring company, filed for bankruptcy on Feb. 26, 2004. Its Chapter 11 case number is 04-22422.


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