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NEWS RELEASE" S. W7 V& U" w. v" l
For Immediate Release
1 v& k7 f# r. ?! }4 i5 {November 27, 2007# G" y' ` H4 X
AINSWORTH LUMBER CO. LTD. (TSX: ANS)! }% K& W% P1 @% E3 N
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL" Y) p7 r) r6 @
. p4 V8 _4 l) Z* ?3 A! tAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
9 z/ ]* a& ^1 c0 C9 U tFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before, s1 N' C w$ @1 u/ e
year-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 feet7 d* u. l+ u4 u! b6 V0 S' P
(3/8” basis) annually.4 W; O0 L9 Q* G* ?. B: c @: E
' J. f8 w% H3 Y- FOSB production is expected to be curtailed effective December 20th. Footner will provide
, s# @- w3 u( }7 e$ L+ }affected employees with severance pay and employment transition services.
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1 @5 ?2 K! S% _) j* G+ A9 K“The decision to indefinitely close the Footner facility reflects the severe decline in North2 Q' e* O, B( @8 ~3 E+ J, D
American housing starts and structural panel consumption coupled with considerable
[- @5 \. @& C9 p4 {) Q+ x8 v' Noperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
4 i7 Y2 s( K; `! C. Z. [due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
6 C' m$ W! Z: ^( }1 gand taxation rates have regrettably forced us to take this action. Unfortunately, we do not0 a: o, A+ [5 E( }* \
foresee any short-term improvement in either customer demand or costs.”9 f2 @2 J. ?' f2 v9 `7 E
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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。; t+ }) K. B% ]$ ~. n
w5 Q" c+ z1 |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。+ ^2 r4 G% [* u3 c' u
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Ainsworth的CEO最后一句话值得我们深思。 |
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