Indalex suffers quarterly loss
LINCOLNSHIRE -- Indalex Holdings Finance Inc. said its net loss in the latest quarter was $17 million, up from $10.8 million last year during this time. Its quarterly net sales were $1.1 million, compared to $1.2 million last year during the quarter. The company blamed shipment volumes falling 15 percent as a result of weak market demand. Headquartered in Lincolnshire, Indalex is the largest independent producer of soft alloy extrusion products and the second largest aluminum extruder in North America.
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