WELLESLEY HILLS, Mass. (May 15)—American Biltrite Inc. had a net loss of $2 million in the quarter ended March 31 compared to net income of $350,000 in the 2000 period. Sales for the three months fell almost 3 percent to $99.7 million from $102.4 million. Roger S. Marcus, chairman of the board and CEO, attributed the loss to the soft economy, which impacted all levels of the company's operations, but primarily its flooring segment.
American Biltrite reports three-month loss
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