Solo Cup posts profit for fourth consecutive quarter

URBANA – Solo Cup Co.'s sales are down and interest expense on debt remains high – but the company has reason to be happy. It showed a profit for the first quarter of 2008 – its fourth straight quarter of profitability after four years of losses.

In reporting the results Tuesday, President Robert M. Korzenski said Solo is benefiting from performance improvement initiatives. He cited "meaningful improvements" in manufacturing and distribution.

Also on this date

• U of I bomb squad detonates old blasting cap
• Local woman loses father in China quake
• Curtis Road interchange scheduled to open Friday
• Man, son escape fire set by grease
• 288 speeding tickets given during April crackdown
• Hands 4 Paws seeks facility, volunteer rules
• Graduating student a leader at Parkland
• St. Joseph man hospitalized after crash
• Home invasion count against man dismissed
• Obituaries

» More