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Published on 10/21/2021 in the Prospect News Distressed Debt Daily.

King Mountain Tobacco reports $290,597 net income for September

By Sarah Lizee

Olympia, Wash., Oct. 21 – King Mountain Tobacco Co., Inc. reported a $290,597.31 net income on $2.84 million of tobacco sales for the September period, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Eastern District of Washington.

The company listed $4.7 million of cash at the end of September.

King Mountain Tobacco is a White Swan, Wash.-based tobacco manufacturer owned and operated by citizens of the Yakama Nation. The company filed Chapter 11 bankruptcy on Sept. 25, 2020 under case number 20-01808.


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