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| Former type | Public |
|---|---|
| Fate | Merged |
| Successor | AbitibiBowater Inc. |
| Founded | Greenville, South Carolina, USA (1997) |
| Defunct | 2007 |
| Headquarters | Greenville, South Carolina, USA |
| Area served | Worldwide |
| Industry | Pulp and paper, wood products |
| Products | Newsprint, Uncoated Groundwood, Wood Products, Recycling Services, Lumber |
| Employees | 10,000 at time of merger |
| Website | www.bowater.com |
Bowater was 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 Canadian interests 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 |
Merger with Abitibi-Consolidated
On January 29th, 2007, Bowater and Abitibi-Consolidated announced they would be merging to create AbitibiBowater. [2] The merger created the third largest pulp and paper company in North America, and the eighth largest in the world.
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