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Domtar, Inc. is a Canadian pulp and paper company based in Montreal, Quebec. It entered into a definitive agreement on Aug. 22, 2006 to combine with the paper business of U.S. forest products company Weyerhaeuser Co. to form a new, U.S.-based publicly traded company that will be called Domtar Corporation. The transaction between Domtar, Inc. and Weyerhaeuser that has created the new Domtar Corporation was officially completed March 7, 2007. The Head Office of the new Domtar Corporation is located in Montreal, Quebec, and its Operation Center in Fort Mill, South Carolina.
The company once operated a wood treatment facility in the Transcona section of Winnipeg, Manitoba. The facility has long since been dismantled, and a residential development was created adjacent to the site in the early 1980s. The site itself remained largely vacant. In the late 1990s, years of debate and scientific study culminated with the re-detoxification of the site itself, which was converted to a wildlife sanctuary with a nature path. Moreover, many properties adjacent to the site were excavated to remove contaminated earth. Dozens of homes had their back yards completely dug up, and a handful also had parts of their homes removed and rebuilt--all at the company's expense.
| Financial Information [1] |
| |
2002 |
2001 |
| Net Sales (C$M) |
5,490 |
4,377 |
| Net Earnings (C$M) |
141 |
140 |
[edit] External links
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