Marcal Mills posts $1.06 million April operating loss

By Jennifer Lanning Drey

Portland, Ore., July 2 - Marcal Paper Mills, Inc. reported a $1.06 million operating loss for April on net sales of $26.33 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of New Jersey.

The figures compared to an $870,000 operating loss for March on $33.47 million in sales.

The net loss for April was $2.40 million, narrowing from a $3.41 million March net loss.

Cash at April 30 was $3.29 million, compared with $2.62 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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