A. M. Castle & Co., Franklin Park, IL, a global distributor of specialty metal and plastic products, reported third quarter sales of $184.7 million, down 24.8 percent from third quarter 2014. The company posted a loss of $26.3 million, as compared to a loss of $7.3 million the same quarter last year.
Metals segment sales were $150.6 million in the third quarter, a decline of 28.5 percent from the same period last year. In the plastics segment, third quarter sales of $34.1 million were down 2 percent from the prior year same period.
Year-to-date, sales were $606.6 million, down 18.9 percent from the first nine months of 2014. The company reported a loss of $105.9 million, down from a loss of $95.6 million.