| Business Summary | | Bowater
Incorporated
is
engaged
in
the
manufacture,
sale
and
distribution
of
newsprint,
uncoated
groundwood
specialties,
coated
groundwood
paper,
market
pulp,
lumber
and
timber.
The
Company
operates
facilities
in
the
United
States,
Canada
and
South
Korea
and,
as
of
December
31,
1999,
managed
or
possessed
cutting
rights
for
approximately
16
million
acres
of
timberlands
to
support
these
facilities.
The
Company
markets
and
distributes
its
various
products
in
North
America,
South
America
and
overseas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bowater
Incorporated
manufactures,
sells
and
distributes
newsprint,
directory
paper,
uncoated
groundwood
specialties,
coated
groundwood
paper,
market
pulp
and
lumber.
For
the
six
months
ended
6/30/01,
net
sales
increased
2%
to
$1.19
billion.
Net
income
increased
11%
to
$56.3
million.
Revenues
reflect
an
increase
in
the
price
of
newsprint
transactions.
Earnings
benefitted
from
increased
gains
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Arnold Nemirow, 57 Chairman,
Pres, CEO | $1.7M | $1.8M | Arthur Fuller, 56 Exec.
VP; Pres of Newsprint Division | 826K | -- | David Maffucci, 50 Sr.
VP and CFO | 637K | 335K | E. Duffy, 59 Sr.
VP; Pres of Coated Paper Division | 741K | -- | Michael Nocito, 45 VP
and Controller | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|