Solo Cup turnaround evident in income gains

URBANA – Solo Cup Co. showed improvement in results for the fourth quarter and full year, giving credence to its recent winning of an award for "Industrial Turnaround of the Year."

The Highland Park-based company, which has a plant in Urbana, reported Tuesday that net income for the fourth quarter of 2007 was $98.5 million. That compared with a $34 million loss in the fourth quarter of 2006. The fourth-quarter results for 2007 were boosted by a $77 million gain on the sale of discontinued operations.

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