|shareholders letter||| Our growth story||| 100 years and growing||| Download report|
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WE'VE LAID OUT THE STRATEGIES AND PROCESSES THAT WILL MAKE US THE BEST COMPANY POSSIBLE.
WHILE WE HONOR THE PAST, OUR EYES ARE ON THE FUTURE. We continue to find new ways to run our operations more efficiently. We take fresh looks at old problems. We have the vision to follow new paths. In short, we will do what it takes to reach our ultimate destination: the best forest products company in the world.
As we progress toward this lofty position, we use our Roadmap for Success to guide us. Our Roadmap is the result of a review in 1998 to identify our strengths, our weaknesses and our challenges. We then laid out strategies and processes to make us the best company possible. We've included information on our Roadmap in a booklet in this annual report and I encourage you to read it. In this booklet, our Senior Management Team describes the processes they sponsor and the progress we're making in each area. Our objective is to master the key processes within five years and to achieve our other goals as quickly as possible.
Using our Roadmap as our guide, we began a new chapter in our company's history in 1999a chapter filled with growth and change. Everything in the chapter we wrote in 1999 is important to achieving our long-term objectives. The successful acquisition and integration of MacMillan Bloedel Limited, however, attracted the most attention. Besides adding 9,500 talented and dedicated people to our work force, this U.S. $2.3 billion (C$3.4 billion) stock transaction allowed us to:
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