Bowater Elects Togo D. West, Jr. Director.Business Editors GREENVILLE, S.C.--(BUSINESS WIRE)--March 1, 2002 The Board of Directors of Bowater Incorporated (NYSE NYSE See: New York Stock Exchange : BOW) today elected Togo D. West, Jr., to the company's Board effective March 1, 2002. Mr. West, 59, is Of Counsel to Covington & Burling, a law firm headquartered in Washington, DC. Mr. West served as Secretary of Veterans Affairs Noun 1. Secretary of Veterans Affairs - the person who holds the secretaryship of the Department of Veterans Affairs; "Bush appointed Edward J. Derwinski as the first Secretary of Veterans Affairs" in the Clinton Administration from 1998 until 2000 and as Secretary of the Army from 1993 until 1998. Bowater Incorporated, headquartered in Greenville, SC, is a global leader in newsprint. In addition, the company makes coated and uncoated groundwood papers, bleached kraft pulp and lumber products. The company has 12 pulp and paper mills in the United States, Canada and South Korea and 13 North American sawmills that produce softwood and hardwood lumber. Bowater also operates a facility that converts a groundwood base sheet to coated products. Bowater's operations are supported by approximately 1.5 million acres of timberlands owned or leased in the United States and Canada and 33 million acres of timber cutting rights in Canada. Bowater is one of the world's largest consumers of recycled newspapers and magazines. Bowater common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , U.S. regional exchanges and the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . A special class of stock exchangeable into Bowater common stock is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : BWX). |
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