AbitibiBowater Inc.

Montreal, QC Canada

  (Toronto: ABH)

Company Description

What does it take to be AbitibiBowater? It takes the combination of two of the world's largest newsprint makers -- Abitibi-Consolidated and Bowater. The merger created an industry force that produces newsprint, commercial printing paper, mechanical paper, pulp, and wood products. It relies on 18 pulp and paper mills and 24 wood products facilities in Canada, South Korea, and the US to distribute its products to about 90 countries; it is one of the world's largest recyclers of newspapers and magazines. AbitibiBowater owns or has cutting rights to more than 40 million acres of forestland in North America. In early 2009 the company filed for bankruptcy in the US and Canada and emerged in late 2010.