Jason Industries Sales Down 8.2% in 1Q - Modern Distribution Management

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Jason Industries Sales Down 8.2% in 1Q

Company reports loss of $1.3 million in first quarter.
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Jason Industries Inc., Milwaukee, WI, (Nasdaq:JASN) (Nasdaq:JASNW), parent company to a global family of manufacturers in the seating, finishing, automotive acoustics and components markets, reported sales for the first quarter of $175.2 million, down 8.2 percent year-over-year. The company reported a loss for the quarter of $1.3 million, compared with loss of $3.4 million in the prior-year quarter.

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