Meridian Automotive posts $4.61 million May operating income

By Caroline Salls

Pittsburgh, June 24 - Meridian Automotive Systems Inc. reported $4.61 million in May operating income on sales of $92.06 million, according it its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was $4.73 million.

The company had zero cash on May 31.

Meridian, a Dearborn, Mich., supplier of front and rear end modules, lighting, exterior composites, console modules, instrument panels and other interior systems to automobile and truck manufacturers, filed for bankruptcy on April 26. Its Chapter 11 case number is 05-11168.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.