Solo Cup Co. posts its first loss in five quarters
By The News-Gazette
Saturday November 15, 2008
HIGHLAND PARK – Solo Cup Co. this week reported a net loss of $4.6 million in the third quarter after five straight quarters of profitability.
The Highland Park-based company, which has a manufacturing facility in Urbana, had operating income of $13.5 million in the third quarter, but that wasn't enough to offset a net interest expense of $14.7 million, plus losses on the foreign currency exchange.
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