Abitibi Consolidated Inc. was a Canadian pulp and paper company based in Montreal, Quebec. Abitibi-Consolidated was formed from the merger of Abitibi-Price Inc. and Stone Consolidated Corp. on May 29, 1997; the Company merged with Bowater in 2007 to form AbitibiBowater.
Operations
A network of 19 paper mills, 20 sawmills, 4 remanufacturing facilities and 2 engineered wood facilities, located in Canada, the United States and the United Kingdom, supplied publishers, printers, building products distributors and housing manufacturers in over 70 countries. It had approximately 12,500 employees.
A global leader in newsprint, commercial printing papers and wood products, the Company saw combined revenues of $4.85 billion in 2006. Number one in Canada in terms of total certified woodlands, Abitibi-Consolidated was also one of the largest recyclers of newspapers and magazines, serving 21 metropolitan areas in North America and the United Kingdom.
In addition, the Company had significant hydroelectric generating assets in eastern Canada, which provided a cost advantage for the associated production facilities and was an extension into the energy sector.