Tembec Inc.

Tembec, Inc. (Tembec) is an integrated forest products company, engaged in the production and marketing of forest pulp and paper products. The company operates its business under four segments namely Forest Products, Pulp, Paper, and Chemicals. The Forest products segment produces a range of commodity and value-added forest products, such as softwood lumber, hardwood lumber, hardwood flooring, pine lumber, and finger jointed lumber. The Pulp segment includes the manufacturing and marketing activities of a various types of pulps such as kraft pulp, high yield pulp, and specialty cellulose pulp. Further, the Paper segment produces newsprint, paperback books, and bulk paper utilized in specialty printing. The chemical segment consists primarily of the transformation and sale of resins and pulp by-products. Tembec has spanned its manufacturing facilities across New Brunswick, Quebec, Ontario, Manitoba, Alberta, British Columbia, the states of Louisiana and Ohio, as well as in Southern France. The company is headquartered in Montreal at Quebec, Canada.The company reported revenues of (Canadian Dollars) CAD 2073.0 million during the fiscal year ended 2008, a decrease of 14.2% from 2007. The operating loss of the company was CAD 77.0 million during the fiscal year 2008, as against an operating income of CAD 119.0 million during 2007. The net loss of the company was CAD 150.0 million during the fiscal year 2008, as compared to a net loss of CAD 49.0 million during 2007.