Marcal Paper Mills posts $3.57 million December operating loss

By Caroline Salls

Pittsburgh, Feb. 12 - Marcal Paper Mills, Inc. reported a $3.57 million operating loss for December on $32.54 million in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of New Jersey.

The December figures compare to a $2 million November operating loss on $32.5 million in sales.

The net loss for December was $7.01 million, widening from a $5.41 million November net loss.

Cash on Dec. 31 was $3.79 million, compared with $3.83 million at the end of November.

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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