Haynes Reports Net Loss For 2009

11.24.09

Kokomo-based Haynes International Inc. (Nasdaq: HAYN) has announced a net loss of $52.3 million for fiscal year 2009, compared to net income of $62.8 million last year. President and Chief Executive Officer Mark Comerford says the company will continue with new strategic initiatives, including consolidation of service center operations and new equipment upgrades.