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Published on 2/16/2022 in the Prospect News Distressed Debt Daily.

Klausner Lumber Two reports $496,723 net loss for January

By Sarah Lizee

Olympia, Wash., Feb. 16 – Klausner Lumber Two, LLC reported a $496,723 net loss on $2,300 of gross income/sales for January, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company saw a $318,252 net loss on $2,315 of gross income/sales for December.

The company listed $54.61 million in cash at the end of January, down from $55.01 million at the end of the previous 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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