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Forestry giants bleeding red ink.


Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  forestry producers continue to bleed Printing at the very edge of the paper. Many laser printers, including all LaserJets up to the 11x17" 4V, cannot print to the very edge, leaving a border of approximately 1/4". In commercial printing, bleeding is generally more expensive, because wider paper is often used, which is later  red ink red ink Health administration A popular term for financial losses. Cf in the Black.  as both Domtar and Abitibi-Consolidated reported deep fourth-quarter losses on Feb. 1.

Montreal's Abitibi-Consolidated reported it had lost $355 million in the quarter, compared to $108 million the previous year. The company closed mills in Stephenville, N.L. and Kenora as part of a $228 million asset write-down.

Overall, Abitibi-Consolidated reported a 2005 loss of $350 million compared with a loss of $36 million for 2004.

Domtar lost $349 million during the quarter due to a $400 million restructuring charge restructuring charge

The expense of reorganizing a company's operations. A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings.
. The company reported 2005 net losses of $388 million compared to $42 million the previous year.
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Title Annotation:AROUND THE NORTH
Publication:Northern Ontario Business
Date:Mar 1, 2006
Words:104
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