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Published on 8/24/2021 in the Prospect News Distressed Debt Daily.

Klausner Lumber Two reports $461,281 net loss for July period

By Sarah Lizee

Olympia, Wash., Aug. 24 – Klausner Lumber Two, LLC reported a $461,281 net loss on $7,821 of net revenue for the July period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $57.1 million of cash at the end of the month.

Klausner Lumber Two is an Enfield, N.C., sawmill and lumber company. The company filed bankruptcy on June 10, 2020 under Chapter 11 case number 20-11518.


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