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No. 353, February 1999

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American Companies in Japan


PAPER AND PULP

Two of the biggest North American forest products companies — Atlanta's GEORGIA-PACIFIC CORP. and Vancouver, British Columbia- headquartered CANFOR CORP. — have decided to join forces in the tough Japanese market to build sales of market pulp and other pulp and paper products. Both companies have had local marketing offices for years. Through equally owned CANFOR/GEORGIA-PACIFIC JAPAN CORP., which will be formed in April, each firm will continue to market and sell products under its own brand names while gaining the efficiencies of a joint operation.

An exchange rate of ¥117=$1.00 was used in this report.aaaaaa

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