MacBlo boss helps giant gain footing

Article Abstract:

MacMillan Bloedel Ltd. CEO Thomas Stephens has paved the way towards recovery for the Canadian forest products giant. Stephens expects the company to return to the black in 1998 after posting a C$368 million net loss in the previous year. Joining the company on Sept. 29, 1997, he has tried to overhaul the company's laid-back corporate culture and impressed a sense of urgency and crisis upon his managers and employees. His basic strategy is to nurse the company's core business back to health, particularly by finding new markets to replace Japan.

Comment:

CEO Thomas Stephens paves the way towards recovery for the Canadian forest products giant

Executive changes & profiles, Paper & Allied Products, Paper Manufacturing, Paper industry, MacMillan Bloedel Ltd., Article

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Silent Witness spies surveillance market

Article Abstract:

Silent Witness Enterprises Ltd, based in Surrey, British Columbia, is tapping into the security industry with its surveillance camera systems and closed circuit televisions. The company posted C$22 million in revenue for fiscal 1998, up from C$13 million in 1997, while fiscal 1998 profit doubled to C$2 million. Silent Witness basically targets operators of school buses, prisons, casinos and other places that require secret monitoring.

Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, CCTV Surveillance Equip, Closed circuit television equipment, Television surveillance equipment, Silent Witness Enterprises Ltd.

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