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Bowater

From Alfawiki
Bowater Inc.
Company typePublic
IndustryPulp and paper
Founded1881
Defunct2007
FateMerged with Abitibi-Consolidated to form AbitibiBowater
Headquarters
Greenville, South Carolina
,
United States
Area served
North America, South Korea
Number of employees
10,000 (mid-2000s)

Bowater Inc. was a pulp and paper enterprise based in Greenville, South Carolina. In 2007, it combined with Abitibi-Consolidated to form AbitibiBowater, which subsequently adopted the name Resolute Forest Products.

History

The origins of Bowater Inc. trace back to the North American holdings of Bowater plc during the 1970s, with its headquarters established in Greenville, South Carolina. The company separated from Bowater plc in 1984.

During the late 1990s, Bowater enhanced its presence in Canada by acquiring Avenor, previously known as Canadian Pacific Forest Products. By the mid-2000s, the firm had approximately 10,000 employees operating across 12 pulp and paper mills located in the United States, Canada, and South Korea, in addition to 13 sawmills throughout North America. On January 29, 2007, Bowater Inc. and Abitibi-Consolidated declared their merger to create AbitibiBowater, which ranked as the third largest pulp and paper company in North America and eighth worldwide. The organization rebranded itself as Resolute Forest Products on July 1, 2012.

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