Bowater
Overview
 
Bowater was an American pulp and paper company
Pulp and paper industry
The global pulp and paper industry is dominated by North American , northern European and East Asian countries...

 based in Greenville, South Carolina
Greenville, South Carolina
-Law and government:The city of Greenville adopted the Council-Manager form of municipal government in 1976.-History:The area was part of the Cherokee Nation's protected grounds after the Treaty of 1763, which ended the French and Indian War. No White man was allowed to enter, though some families...

. Bowater had 12 pulp and paper mills in the United States, Canada and South Korea and 13 North American sawmills. It had approximately 10,000 employees. Bowater acquired its Canadian interests in the late 1990s when they bought Avenor (formerly Canadian Pacific Forest Products
Canadian Pacific Limited
Canadian Pacific Limited was created in 1971 to own properties formerly owned by Canadian Pacific Railway, a transportation and mining giant in Canada...

).

The company was formed by demerger from Bowater-Scott, a joint venture between the British paper milling company created by William Vansittart Bowater
William Vansittart Bowater
William Vansittart Bowater was the founder of Bowater Scott which was to emerge as Rexam, one of the United Kingdom's largest packaging businesses.-Family:...

 and the Scott Paper Company
Scott Paper Company
The Scott Paper Company is a USA-based corporation which manufactures mostly paper based consumer products.Scott Paper was founded in 1879 in Philadelphia, Pennsylvania by brothers E. Irvin and Clarence Scott, and is often credited as being the first to market toilet paper sold on a roll...

.



Financial Information
 20022001
Total revenue (US$M)2,5812,454
Net Earnings (Loss) (US$M)(142)70.5

On January 29, 2007, Bowater and Abitibi-Consolidated
Abitibi-Consolidated
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...

 announced they would be merging to create AbitibiBowater
AbitibiBowater
Resolute Forest Products , formerly known as AbitibiBowater Inc. is a pulp and paper manufacturer headquartered in Montreal, Quebec, Canada, formed by the merger of Bowater and Abitibi-Consolidated, which was announced 29 January 2007...

.
 
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