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Bowater
From Wikipedia, the free encyclopedia
Bowater NYSE: BOW is an American pulp and paper company based in Greenville, South Carolina. Bowater has 12 pulp and paper mills in the United States, Canada and South Korea and 13 North American sawmills. It has approximately 10,000 employees. Bowater acquired its Canadain intrests in the late 1990's when they bought Avenor (formerly Canadian Pacific Forest Products (CPFP)).
| Financial Information [1] | ||
|---|---|---|
| 2002 | 2001 | |
| Total revenue (US$M) | 2,581 | 2,454 |
| Net Earnings (Loss) (US$M) | (142) | 70.5 |
On January 29th, 2007, Bowater and Abitibi-Consolidated announced they would be merging to create AbitibiBowater Inc. [2] The merger would created the third largest pulp and paper company in North America, and the eighth largest in the world.
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