<ARTICLE>                     5
<LEGEND>
     This schedule contains summary financial information extracted from the
Company's consolidated balance sheet and consolidated statement of operations
and is qualified in its entirety by reference to such consolidated financial
statements together with the related footnotes thereto.

<CIK>                         0000063814
<NAME>                        MAXXAM Inc.
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. DOLLARS

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              Dec-31-2000
<PERIOD-START>                                 Jan-1-2000
<PERIOD-END>                                   Sep-30-2000
<EXCHANGE-RATE>                                1
<CASH>                                         210,000
<SECURITIES>                                   95,200
<RECEIVABLES>                                  403,300
<ALLOWANCES>                                   6,800
<INVENTORY>                                    492,200
<CURRENT-ASSETS>                               1,355,900
<PP&E>                                         2,328,800
<DEPRECIATION>                                 1,022,400
<TOTAL-ASSETS>                                 4,427,400
<CURRENT-LIABILITIES>                          793,500
<BONDS>                                        1,948,500
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    300
<COMMON>                                       5,000
<OTHER-SE>                                     8,700
<TOTAL-LIABILITY-AND-EQUITY>                   4,427,400
<SALES>                                        1,854,600
<TOTAL-REVENUES>                               1,854,600
<CGS>                                          1,508,200
<TOTAL-COSTS>                                  1,508,200
<OTHER-EXPENSES>                               245,900
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             146,400
<INCOME-PRETAX>                                (5,600)
<INCOME-TAX>                                   (2,200)
<INCOME-CONTINUING>                            (3,500)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                2,000
<CHANGES>                                      0
<NET-INCOME>                                   (1,500)
<EPS-BASIC>                                    (0.22)
<EPS-DILUTED>                                  (0.22)