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Chassix sees $4.5 million loss, $202.7 million in sales during April
By Kali Hays
New York, May 29 – Chassix Holdings, Inc. reported a net loss of $4.52 million for the period of March 12 through April 30 on net sales of $202.68 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.
The company also held $12.35 million in cash at the end of April.
Chassix, a Southfield, Mich.-based manufacturer and supplier of aluminum and iron chassis sub-frame components, including steering knuckles, control arms, sub-frames and assemblies, filed for bankruptcy on March 12. The Chapter 11 case number is 15-10578.
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