Custom Alloy reports $1.57 million net loss for October period

By Sarah Lizee

Olympia, Wash., Dec. 9 – Custom Alloy Corp. reported a $1.57 million net loss on $3.36 million of gross income/sales for the October period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of New Jersey.

The cash balance at the end of the month was $1.87 million.

Custom Alloy is a High Bridge, N.J.-based manufacturer of specialty metals for seamless and welded pipe fittings and forgings. The company filed bankruptcy on Oct. 13 under Chapter 11 case number 22-18143.

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