Ormet trims loss in Feb. as asset sales continue

Mar 21, 2014 | 12:39 PM | Michael Cowden

Tags  Ormet, excess assets, operating report, aluminum, Michael Cowden

CHICAGO — Ormet Corp.’s losses narrowed in February as the bankrupt aluminum producer continued to shed what it considers to be excess assets.

The Hannibal, Ohio-based company posted a net loss of $2.4 million in February vs. a $5.6-million loss in January, it said in a filing with the U.S.....





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