Marcal Paper Mills reports $298,000 April operating profit

By Caroline Salls

Pittsburgh, June 1 - Marcal Paper Mills, Inc. reported a $298,000 operating profit for April on $30.69 million in sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of New Jersey.

The figures show a decline over a $350,000 March operating profit on $33.05 million in sales.

The net loss for April was $1.96 million, a slight improvement over a $2.59 million March net loss.

Cash on April 30 was $2.89 million, compared with $8.47 million at the end of March.

Marcal Paper Mills, an Elmwood Park, N.J., manufacturer and distributor of bath tissue, kitchen towels, napkins and facial tissue, filed for bankruptcy on Nov. 30, 2006. Its Chapter 11 case number is 06-21886.

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