Bear Island Paper posts $774,426 net loss for July on increased sales

By Jennifer Lanning Drey

Portland, Ore., Aug. 30 - Bear Island Paper Co., LLC reported a $774,426 net loss for July on $10.63 million in net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

The figures compared with a $1.1 million net loss for June on $10.25 million in net sales.

The company had $8.74 million of cash at the end of July, up from $7.87 million at June 30.

White Birch is a Halifax, N.S., pulp and paper mill operator. Its Chapter 15 case number is 10-31234.

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