Bowater

{{short description|Former pulp and paper company}} {{other uses}} {{Use dmy dates|date=July 2015}} {{Infobox company | name = Bowater Inc. | logo = Bowater logo.svg | logo_size = 250px | image = | image_caption = | trading_name =  | native_name =  | native_name_lang =  | romanized = | former type = | type = Public | traded_as = | industry = Pulp and paper, wood products | genre =  | fate = | predecessor = | successor = Resolute Forest Products | foundation = {{Start date|1984}} | founder = William Vansittart Bowater | defunct = {{End date|2007}} | location_city = Greenville, South Carolina | location_country = United States | locations =  | area_served = North America | key_people = | products = Newsprint, uncoated groundwood, wood products, recycling services, lumber | production = | services = | revenue = | operating_income = | net_income = | aum =  | assets = | equity = | owner = | num_employees = | parent = | divisions = | subsid = | homepage =  | footnotes = | intl = | bodystyle = }} '''Bowater Inc.''' was a paper and pulp business headquartered in Greenville, South Carolina. It merged with Abitibi-Consolidated in 2007, and the combined company went on to become Resolute Forest Products.

==History== The North American assets of Bowater plc were built up in the 1970s, becoming known as Bowater Inc., headquartered in Greenville, South Carolina. The company demerged from Bowater plc in 1984.<ref>{{cite web|url=https://www.nytimes.com/1984/04/04/business/business-people-bowater-executive-to-head-us-spinoff.html|title=Bowater Executive to lead US spin-off|work=New York Times|year=1984|accessdate=11 August 2018}}</ref>

The company acquired additional Canadian interests in the late 1990s, when it bought Avenor (formerly Canadian Pacific Forest Products). By the mid-2000s, Bowater Inc had 10,000 employees across 12 pulp and paper mills in the United States, Canada and South Korea, along with 13 North American sawmills. On 29 January 2007, Bowater Inc and Abitibi-Consolidated announced they would be merging to create AbitibiBowater.<ref>{{cite news|title=Abitibi, Bowater merging to create forestry giant |url=https://www.cbc.ca/news/business/abitibi-bowater-merging-to-create-forestry-giant-1.632402 |work=CBC News |date=2007-01-30 |access-date=2007-02-26 |url-status=live |archive-url=https://web.archive.org/web/20070711031231/http://www.cbc.ca/money/story/2007/01/29/abitibibowater.html |archive-date=July 11, 2007 }}</ref> The merger created the third largest pulp and paper company in North America, and the eighth largest in the world. On 1 July 2012, the company name changed to Resolute Forest Products.<ref>{{ cite news | url = https://www.theglobeandmail.com/globe-investor/news-sources/?date=20111011&archive=cnw&slug=C2645 | title = AbitibiBowater Changing Name To Resolute Forest Products | date = 2011-10-11 | accessdate = 2011-10-14 | newspaper = The Globe and Mail | location=Toronto}}</ref><ref name="ntw2011-12-28">{{cite news |url=http://www.niagarathisweek.com/news/business/article/1270861--new-name-for-abitibibowater|title=New name for AbitibiBowater|last=Forsyth|first=Paul|date=28 December 2011|publisher=NiagaraThisWeek.com|accessdate=31 December 2011}}</ref>

== References == {{reflist}}

==External links== * {{PM20|FID=co/053828|TEXT=Documents and clippings about|NAME=}}

Category:American companies established in 1881 Category:1881 establishments in South Carolina Category:Pulp and paper companies of the United States Category:American companies disestablished in 2007 Category:American companies established in 1984 Category:1984 establishments in South Carolina Category: Companies formerly listed on the New York Stock Exchange