A global leader in newsprint, commercial printing papers and wood products, the Company saw combined revenues of $4.85 billion in 2006.

Number one in Canada in terms of total certified woodlands, Abitibi-Consolidated was also one of the largest recyclers of newspapers and magazines, serving 21 metropolitan areas in North America and the United Kingdom.

In addition, the Company had significant hydroelectric generating assets in eastern Canada, which provided a cost advantage for the associated production facilities and was an extension into the energy sector.

After Sir William's death in 1924, his sons John Herbert and Arthur Clifford Price assumed control.

The company expanded to other locations in Ontario where it also built dams[3] and operated hydro electric power stations.

In 1982, Abitibi-Price bought out the Hilroy companies, whose founder, Roy Hill, had been a member of the Abitibi board of directors and had died in 1978.

The collapse of Olympia and York in 1992 resulted in the consortium of banks being forced to take control of Abitibi-Price Inc. for a short time until they sold it through a public share issue in 1994.