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NEWS RELEASE
9 Q( |" U0 k6 I3 v6 g1 CFor Immediate Release# C; S3 P: p/ w+ I p
November 27, 2007
5 I, o! R; c/ {8 a2 ?! f; WAINSWORTH LUMBER CO. LTD. (TSX: ANS)
; Q" f( f V& ]2 Y! Q O% wAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL! p$ O: v5 F9 k% C! F! j
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
2 }. ]- x) I' S- o' k9 v R8 ^/ W4 D2 ?Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
2 _7 Q7 T& F5 \" |$ u& n8 H* d/ K) Eyear-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet
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2 Q( d" I h9 u* T9 wOSB production is expected to be curtailed effective December 20th. Footner will provide
' n( O4 G, R# Haffected employees with severance pay and employment transition services.
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* S% Z- z, E" P" O! d“The decision to indefinitely close the Footner facility reflects the severe decline in North0 y* N2 T( o0 d3 G5 a# N
American housing starts and structural panel consumption coupled with considerable5 G) U1 f3 b2 B; D5 g. [- y
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses$ L2 a7 n. b. r; Q3 d6 j6 I- o
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
9 P9 x- q! y8 w+ y8 n! mand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
1 R4 `4 {* @# G! s6 N7 q6 wforesee any short-term improvement in either customer demand or costs.”
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注: OSB (oriented strand board)中译: 定向刨花板, 是目前北美建房的主要材料。亚省林业的支柱产品。" l. p3 d5 `' U3 X. v4 i6 Y3 v& Z
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这是我所看到的在这两个月来亚省第三家关闭大型OSB厂。另外两家: 一家在Hihg Prairie; 一家在Drayton Valley。5 Y4 Q5 R; y/ C% U
5 W" r% d) C, O$ V2 {# i& zAinsworth的CEO最后一句话值得我们深思。 |
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