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Pulp friction

Fedgazette, 2001-03, Vol.13 (2), p.8

Copyright Federal Reserve Bank of Minneapolis Mar 2001 ;ISSN: 1045-3334

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  • Title:
    Pulp friction
  • Author: Clement, Douglas
  • Subjects: Acquisitions & mergers ; American dollar ; Competition ; Cost reduction ; Effects ; Industry profiles ; Industrywide conditions ; Manycompanies ; Market positioning ; Pulp & paper industry
  • Is Part Of: Fedgazette, 2001-03, Vol.13 (2), p.8
  • Description: Like a slurry of wood pulp coalescing into sheets of paper, the hundreds of small companies that have comprised the US paper industry since the 1800s have been merging with unprecedented speed. The tidal wave of mergers and acquisitions is an effort to combat poor financial performance by the North American paper industry and increased competition from low-cost global producers. But while many corporate strategists and financial analysts believe consolidation will result in better returns to capital, skeptics question whether it will be enough to bring stability to the highly cyclical industry.
  • Publisher: Minneapolis: Federal Reserve Bank of Minneapolis
  • Language: English
  • Identifier: ISSN: 1045-3334
  • Source: Alma/SFX Local Collection
    ProQuest Central
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