AbitibiBowater is pledging more cost reductions at its Mills. The company enjoyed a net profit of 61-million dollars in the last quarter. However, CEO Richard Garneau says reducing costs remains a priority. Garneau adds the company is still looking at 120-million dollars on capital improvements.
Thursday, August 11, 2011
Abitibi Bowater looks for cost reductions
AbitibiBowater is pledging more cost reductions at its Mills. The company enjoyed a net profit of 61-million dollars in the last quarter. However, CEO Richard Garneau says reducing costs remains a priority. Garneau adds the company is still looking at 120-million dollars on capital improvements.
