WHITE PLAINS, NY – WHX Corp., the parent company of Arlon Electronic Materials, reported second-quarter revenue fell 28.2% from last year to $141.4 million. For the quarter ended June 30, net loss was $4.1 million, compared to a net income of $5.3 million last year.

Arlon reported net sales dropped 9% from last year to $13.9 million. Operating income rose to $1.1 million for the quarter on increased volume in its low-cost manufacturing plant in China, job cuts and cost reductions.

The Arlon Coated Materials segment saw sales slide 25.8% to $14.8 million on lower demand from automotive, appliance and electronics customers. Operating income dropped to $249,000.

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