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Home > Company Index > Materials & Construction > Lumber, Wood Production & Timber Operations > Nexfor Inc.

Nexfor Inc.
 NEWS FROM THE WIRES
Nexfor posts second-quarter profit
Jul 27 2001 04:02 AM PDT

More WIRE STORIES about this company

 PROFILE
Nexfor is one company that won't get lost in the woods. Formerly Noranda Forest, Nexfor produces building products (about half of sales) and specialty papers and pulp. The company is a top producer of oriented strand board (OSB), an increasingly popular engineered wood panel that threatens to unseat plywood in the building-materials market. Other building products include lumber, fiberboard, particleboard, and plywood. Nexfor also makes woodfree and groundwood paper. The company has more than 20 mills and production facilities in Canada, the UK, and the US, with cutting rights in Canada and the US. Diversified energy company Brascan owns 34% of Nexfor.

 COMPETITION
Columbia Forest Products Inc. (dossier)
Georgia-Pacific Group (GP)
Weyerhaeuser Company (WY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,423.80
1-Yr. Sales Growth: (15.3)%
Employees: 6,600
Revenue per employee: $215,727.27

 KEY PEOPLE
• Dominic Gammiero
    CEO
• Ian M. Young
    CFO

 CONTACT INFO
1 Toronto Street
Toronto Ontario M5C 2W4, Canada
Phone: 1-416-643-8820
Fax: 1-416-643-8827
Online: Web Site

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