Marcal Paper Mills reports $766,000 October operating loss

By Caroline Salls

Pittsburgh, Jan. 9 - Marcal Paper Mills, Inc. reported a $766,000 operating loss for October on $34.45 million in sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of New Jersey.

By comparison, in September, the company posted an $890,000 operating profit on $31.27 million in sales.

The net loss for October was $3.47 million, narrowing from a $3.82 million September net loss.

Cash on Oct. 31 was $6.47 million, compared with $3.14 million at the end of September.

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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