AbitibiBowater Exits Bankruptcy in U.S. and Canada

Since 2007, the company has restructured itself both financially and operationally in a way that has dramatically lowered its break-even point, having:

• Streamlined its asset profile to top-performing facilities, closing or idling 3.4 million metric tons of paper capacity on an annual basis. This represents capacity reductions of 41 percent for newsprint and 32 percent for commercial printing papers. Wood products capacity was reduced by 21 percent over the same period.