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NEWS RELEASE
, N% o* R6 `: f* CFor Immediate Release
) n' G/ K6 ~8 }November 27, 2007
; z7 C8 A8 z E5 o3 w& G& cAINSWORTH LUMBER CO. LTD. (TSX: ANS)
/ @0 s4 N" P1 v4 o# C) cAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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2 [: F) _! o) h5 @9 gAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned! {/ z6 f; B( _0 B* \1 o
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
0 G3 K! q; h3 ^) Z" ]& W0 L' Byear-end 2007 due to operating losses and reduced customer demand.4 ^/ x$ W5 v6 r& m
- Z3 h7 p2 b: zThe High Level mill employs 150 people and produces approximately 700 million square feet
1 n: Y7 w# i( ](3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide( p/ j1 p# |! s j& X( ]
affected employees with severance pay and employment transition services.
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. T" J7 [3 {% W5 s“The decision to indefinitely close the Footner facility reflects the severe decline in North
; F3 R' Z, S( V& K jAmerican housing starts and structural panel consumption coupled with considerable6 e* {) N3 b& Y0 b b, d3 q
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
4 i8 y' i3 L+ r) r$ t* f8 E; Ldue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
6 o7 v7 S0 E4 A% pand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
5 `1 L2 }. L3 s K5 uforesee any short-term improvement in either customer demand or costs.”
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: u& s( G/ O7 c1 V4 S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。5 K7 M, s% s7 a7 T
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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。
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# {0 H. Y2 P, F9 Z; T6 C1 I T& ?Ainsworth的CEO最后一句话值得我们深思。 |
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