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Home > Company Index > Manufacturing > Paper & Paper Products > Abitibi-Consolidated Inc.

Abitibi-Consolidated Inc.
NYSE: ABY
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 NEWS FROM THE WIRES
Abitibi profit rises as it cut costs
Jul 26 2001 04:58 AM PDT

More WIRE STORIES about this company

 PROFILE
Abitibi-Consolidated is leaving a paper trail as the world's leading maker of paper used by publishers and printers. The company is the world's largest newsprint manufacturer, with newsprint sales accounting for about half of its total sales. Other products include groundwood paper, pulp, and lumber. The US is Abitibi-Consolidated's largest market, generating 65% of sales. Abitibi-Consolidated's Pan-Asia Paper partnership with Hansol Paper (South Korea) and Norske Skog (Norway) is the largest newsprint company in Asia. After buying fellow Canadian forest products company Donohue, Abitibi-Consolidated has ownership interests in 29 paper mills in Asia, Canada, the UK, and the US, and 24 sawmills in Canada and the US.

 COMPETITION
Bowater Incorporated (BOW)
Norske Skogindustrier ASA (NSG)
Weyerhaeuser Company (WY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,785.00
1-Yr. Sales Growth: 35.6%
Employees: 18,000
Revenue per employee: $210,277.78

 KEY PEOPLE
• John W. Weaver
    CEO
• Daniel R. Perkins
    CFO

 CONTACT INFO
1155 Metcalfe St., Ste. 800
Montreal Quebec H3B 5H2, Canada
Phone: 1-514-875-2160
Fax: 1-514-394-2272
Online: Web Site

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