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Published on 4/22/2022 in the Prospect News Distressed Debt Daily.

Klausner Lumber Two reports $821,648 net loss for March

By Sarah Lizee

Olympia, Wash., April 22 – Klausner Lumber Two, LLC reported an $821,648 net loss on $2,279 of gross income/sales for March, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $54.2 million in cash at the end of March.

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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