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THE COUNTDOWN CONTINUES.

Authors :
Holloway, Andy
Olijnyk, Zena
Watson, Thomas
Source :
Canadian Business; 6/9/2003, Vol. 76 Issue 11, p87, 4p, 2 Color Photographs, 3 Black and White Photographs, 1 Chart
Publication Year :
2003

Abstract

In a year when prices for lumber and pulpwood hit their lowest levels in a decade, forestry companies such as Canfor Corp. were already smarting. On top of that, Canfor had to pay $107.6 million in punitive duties in fiscal 2002 due to Canada's softwood lumber dispute with the US. The Vancouver company--the largest softwood lumber producer in Canada and fourth-largest in the world--still managed to carve out a profit of $11.5 million on revenue of $2.1 billion. CEO David Emerson is fighting a more grassroots campaign: to change the image of forestry. Since signing on as CEO in 1998--after overhauling the Vancouver International Airport Authority--he has led Canfor's initiative to gain certification from the Canadian Standards Association and American Forest & Paper Association. Tim Hortons is one of Canada's top 75 companies of all time because the food chain makes the best darn coffee in the country. It qualifies because, although it's been owned by American giant Wendy's Internat

Details

Language :
English
ISSN :
00083100
Volume :
76
Issue :
11
Database :
Complementary Index
Journal :
Canadian Business
Publication Type :
Periodical
Accession number :
9928937