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NEWS RELEASE
3 x4 K. d# G2 mFor Immediate Release
5 ]& G4 w% p$ i; p3 iNovember 27, 2007
& Q' L+ q) l# O9 P4 \" e$ z: s6 qAINSWORTH LUMBER CO. LTD. (TSX: ANS)
. m/ g2 V7 d2 N% M, J9 T. {AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL: n; W X1 u$ e# \# _; v9 \
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned9 X/ d! X( ]1 Q8 j0 a
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before8 H' ?# k. v( h! \/ W$ S
year-end 2007 due to operating losses and reduced customer demand.7 }" L- ]' \2 ^ h3 A2 ]7 S
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The High Level mill employs 150 people and produces approximately 700 million square feet% J) \8 b: _9 G/ T$ B, i
(3/8” basis) annually.0 m9 N. l8 i3 h* P
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OSB production is expected to be curtailed effective December 20th. Footner will provide$ @: _" y# t0 V9 ?
affected employees with severance pay and employment transition services.
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
& f: G2 x. k v3 G$ m) Q6 a, gAmerican housing starts and structural panel consumption coupled with considerable) Y% Q* W& \ ?, O: @# e* ^
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
% B4 i, M6 C3 c3 E( @7 Ydue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
' i; l$ Q( N" X$ Xand taxation rates have regrettably forced us to take this action. Unfortunately, we do not" X1 B, W; ]7 v/ X1 `- h' t
foresee 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。! A, a4 g2 Z0 {4 K) ]* [* Y
* y! p+ R' E1 ~* w J# G* V" `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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( W- r2 ~. C9 ^, H0 @" a' \Ainsworth的CEO最后一句话值得我们深思。 |
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