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Bowater

Feb 29, 2008

Forestry firm reports $490 million loss

“While markets for wood products remain challenging, market conditions for pulp and paper products are improving significantly and we are pleased with our ongoing progress to make our company a more globally competitive organization”

AbitibiBowater, which has closed two sawmills and a newsprint mill in Mackenzie, reported a loss of $490 million for 2007. via Prince George Citizen

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