<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.
</LEGEND>
<CIK>                         0001029500
<NAME>                        MAXXAM Group Holdings Inc.
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. DOLLARS

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   MAR-31-2000
<EXCHANGE-RATE>                                1
<CASH>                                         138,500
<SECURITIES>                                   46,900
<RECEIVABLES>                                  13,200
<ALLOWANCES>                                   0
<INVENTORY>                                    42,900
<CURRENT-ASSETS>                               260,700
<PP&E>                                         195,100
<DEPRECIATION>                                 96,000
<TOTAL-ASSETS>                                 1,053,400
<CURRENT-LIABILITIES>                          75,200
<BONDS>                                        972,100
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                                     (76,500)
<TOTAL-LIABILITY-AND-EQUITY>                   1,053,400
<SALES>                                        47,400
<TOTAL-REVENUES>                               47,400
<CGS>                                          33,100
<TOTAL-COSTS>                                  33,100
<OTHER-EXPENSES>                               8,600
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             20,200
<INCOME-PRETAX>                                400
<INCOME-TAX>                                   (1,600)
<INCOME-CONTINUING>                            2,000
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                1,400
<CHANGES>                                      0
<NET-INCOME>                                   3,400
<EPS-BASIC>                                    0
<EPS-DILUTED>                                  0