Resolute Forest Products Inc.

Type: Public
On the web: http://www.resolutefp.com
Employees: 10,400
Employee growth: (1.0%)

Like many sturdy trees, Resolute Forest Products, formerly AbitibiBowater, is a product of grafting. Formed by the combination of two of the world's largest newsprint makers -- Abitibi-Consolidated and Bowater, Resolute makes newsprint, commercial printing paper, mechanical paper, pulp, and wood products. It relies on 18 pulp and paper mills and 24 wood products plants 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. Resolute 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 2010.

Key numbers for fiscal year ending December, 2011:
Sales: $4,756.0M
One year growth: 0.2%
Net income: $41.0M
Income growth: (98.4%)

Officers:
Chairman: Richard B. (Dick) Evans
President, CEO, and Director: Richard Garneau
SVP and CFO: William G. Harvey

Competitors:
Norske Skog
SP Newsprint
Weyerhaeuser