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323:, 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.
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companies, whose founder, Roy Hill, had been a member of the
Abitibi board of directors and had died in 1978. With the purchase of Hilroy, Abitibi-Price became the premiere vertically-integrated supplier of office stationery in the Canadian market. The collapse of Olympia and York in 1992 resulted in
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to reflect the power generation business it created through the need to build a dam to generate electricity for its mill. The company expanded to other locations in
Ontario where it also built dams and operated hydro electric power stations. Wherever the company built a mill, a new town sprang up
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and whose vast forestry business dated back to the
William Price Company established in Quebec City in 1820. The merger of Abitibi and the Price Brothers made it the world's biggest newsprint producer. In 1979, the corporate name was changed to Abitibi-Price Inc. and in 1981 it was taken over by
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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
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as (Sir) William Price III took control of the family firm. After Sir
William's death in 1924, his sons John Herbert and Arthur Clifford Price assumed control. In the 1930s the Price family lost control and the firm was sold. Price Brothers and Company was renamed Price Limited in 1966 and was
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was held to enquire into the company's affairs, with its report issued in March 1941. It remained under the control of the Court-appointed
Receiver until 1946, the longest such receivership in Canadian history. Emerging from bankruptcy, the company prospered in the
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around it and it even built radio stations such as CFCH in
Iroquois Falls to serve these remote new communities. The company acquired other small lumber operations and grew to become a major force in the North American newsprint business but the
326:
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.
510:. The merger created the third largest pulp and paper company in North America, and the eighth largest in the world. Following the merger, Abitibi-Consolidated was rated B1, B+ and B+ by
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acquired control of Power
Corporation in 1968, the two companies were merged to become Consolidated-Bathurst Inc., which, in 1989, was sold to
299:. Abitibi-Consolidated was formed from the merger of Abitibi-Price Inc. and Stone Consolidated Corp. on May 29, 1997; the Company merged with
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industrial boom and in 1965 changed its name to the
Abitibi Paper Company Ltd. In 1974, Abitibi purchased a controlling interest in the
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the consortium of banks being forced to take control of Abitibi-Price Inc. for a short time until they sold it through a
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In 2000, Abitibi-Consolidated acquired a majority shareholding in Canadian integrated forest products company
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in 1974. When Abitibi-Price became Abitibi-Consolidated in 1997, the Price name finally disappeared.
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615:"Report of Royal Commission inquiring into the affairs of Abitibi Power and Paper Company Limited"
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475:. In the early 1960s, Power Corporation bought the Consolidated Paper Company. When
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in 1994. The share issue also entailed the divestment and sale of Hilroy to the
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forced the company to file for bankruptcy protection on September 10, 1932. A
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570:"Western Libraries - Historical Annual Reports - OP | Western Libraries"
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in 1914. Majority control of the company was obtained in the late 1930s by
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and Abitibi-Consolidated announced they would be merging to create
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of Chicago, Illinois who renamed it Stone Consolidated Inc.
399:. The following February, the company name was changed to
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Justice Charles P. McTague; Sir James Dunn (March 1941).
188:, Uncoated Groundwood, Wood Products, Recycling Services
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Abitibi Pulp and Paper Co. Ltd. was founded in 1912 at
675:"Abitibi, Bowater merging to create forestry giant"
375:acquired by Abitibi Power and Paper Co. and became
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650:"Abitibi-Consolidated, Donohue to Merge"
550:. University of Toronto/Université Laval
430:. In 1982, Abitibi-Price bought out the
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355:. Following the death of Price Sr sons
421:which had extensive operations in the
27:Former Canadian pulp and paper company
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631:
7:
419:Price Brothers & Company Limited
341:Price Brothers & Company Limited
118:; bought by Resolute Forest Products
731:Pulp and paper companies of Canada
365:Price Brothers and Company Limited
25:
428:Olympia and York Developments Ltd
736:Defunct pulp and paper companies
548:Dictionary of Canadian Biography
544:"Biography – PRICE, Sir WILLIAM"
453:Bathurst Power and Paper Company
401:Abitibi Power and Paper Co. Ltd.
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363:took over and the firm became
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73:Pulp and paper, wood products
572:. Lib.uwo.ca. Archived from
741:Companies based in Montreal
481:Stone Container Corporation
473:Power Corporation of Canada
370:In 1910 the company became
266:www.abitibiconsolidated.com
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638:hilroy.ca: "About Hilroy"
285:Abitibi Consolidated Inc.
175:Jacques Bougie (Chairman)
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40:Abitibi Consolidated Inc.
83:Stone Consolidated Corp.
34:Abitibi (disambiguation)
746:Multinational companies
600:March 20, 2005, at the
457:Bathurst, New Brunswick
389:Iroquois Falls, Ontario
343:was a lumber firm from
277:Abitibi Recycling bin,
709:June 21, 2008, at the
372:Price Brothers Limited
289:pulp and paper company
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94:, Quebec, Canada (1997
542:Benoit, Jean (2005).
516:Standard & Poor's
502:On January 29, 2007,
455:Ltd. built a mill in
349:William Price Company
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279:New Boston, Michigan
177:Pierre Rougeau (CFO)
173:John W. Weaver (CEO)
32:For other uses, see
18:Abitibi Consolidated
576:on November 3, 2013
498:Merger with Bowater
465:Peter A. T. Thomson
347:founded in 1820 as
319:A global leader in
253:Number of employees
135:AbitibiBowater Inc.
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681:. January 30, 2007
437:public share issue
423:Province of Quebec
397:Frank Harris Anson
357:William Evan Price
316:12,500 employees.
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81:Abitibi-Price Inc.
461:Arthur J. Nesbitt
271:
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243:$ 350.00 million
222:$ 276.00 million
16:(Redirected from
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704:Company web site
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441:Mead Corporation
410:Royal commission
406:Great Depression
361:Evans John Price
303:in 2007 to form
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212:Operating income
201:$ 5.342 billion
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57:Public company (
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508:AbitibiBowater
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477:Paul Desmarais
467:through their
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520:Fitch Ratings
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683:. Retrieved
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657:. Retrieved
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618:. Retrieved
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578:. Retrieved
574:the original
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552:. Retrieved
547:
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493:Donohue Inc.
490:
487:Acquisitions
450:
447:Consolidated
415:World War II
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141:Headquarters
54:Company type
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159:Area served
78:Predecessor
725:Categories
526:References
311:Operations
233:Net income
169:Key people
685:April 16,
321:newsprint
291:based in
186:Newsprint
163:Worldwide
131:Successor
707:Archived
679:CBC News
659:April 2,
620:March 3,
598:Archived
580:March 3,
554:March 3,
293:Montreal
182:Products
148:, Quebec
146:Montreal
92:Montreal
70:Industry
512:Moody's
504:Bowater
391:on the
383:Abitibi
331:History
301:Bowater
262:Website
193:Revenue
112: (
107:Defunct
96: (
88:Founded
61:: A), (
432:Hilroy
345:Quebec
297:Quebec
247:(2005)
226:(2005)
205:(2005)
152:Canada
126:Merged
65:: ABY)
413:post-
687:2009
661:2020
622:2014
595:Dams
582:2014
556:2014
518:and
451:The
359:and
123:Fate
114:2007
110:2007
98:1997
63:NYSE
395:by
351:by
245:CAD
224:CAD
203:CAD
59:TSX
727::
677:.
652:.
630:^
546:.
534:^
514:,
471:,
443:.
367:.
307:.
295:,
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689:.
663:.
624:.
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558:.
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36:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
