AbitibiBowater Company Description
What does it take to be AbitibiBowater? For starters, it takes combining the operations (and the names) of two of the world's largest newsprint makers--Abitibi-Consolidated and Bowater--into one. Their 2007 merger created an industry behemoth that can produce 6 million tons of newsprint, nearly 4 million tons of commercial printing paper, some 3 billion board feet of wood, and about 1 million tons of pulp. The company relies on about 30 pulp and paper mills and 30 wood products facilities in Canada, South Korea, the UK, and the US to distribute its products to customers in about 80 countries. To help sustain its operations, AbitibiBowater manages or owns nearly 55 million acres of forestland in North America.
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The Company Description provides a historical perspective of AbitibiBowater's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of AbitibiBowater's evolution in the marketplace.
