Glatfelter narrows loss as sales climb

CHARLOTTE - Nonwovens manufacturer Glatfelter significantly narrowed its loss in its fourth quarter, helped by a stronger performance from its spunlace business.

Total net loss for the quarter was $8.6 million, down from a loss of $34.3 million in the same period last year on the back of net sales of $320 million, down from $373.9 million over the same period.