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NEWS RELEASE6 D; p9 } m/ ]
For Immediate Release
9 c; w/ m) S' d& b1 ZNovember 27, 20079 f* Z$ e% t. q/ z6 J
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
; X- C5 N! l5 G6 _% U# }AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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7 \' X- p4 D) z+ zAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned0 {& G9 O; W8 u. U
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before, N- q. }5 k! ^" q( [- n" f, g
year-end 2007 due to operating losses and reduced customer demand.5 Y7 U& \" Y+ h. m: H/ K
/ l3 I3 o% o5 P4 w6 Y! WThe High Level mill employs 150 people and produces approximately 700 million square feet2 ?! O3 w9 c7 a$ Y
(3/8” basis) annually.! R; ?0 k( l3 V6 E. {/ s) Y
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OSB production is expected to be curtailed effective December 20th. Footner will provide; {) f/ Z+ E0 z; p9 r- D
affected employees with severance pay and employment transition services.4 l' c- ~; U7 d
. E/ J1 o# }2 m' {6 l3 e8 P/ _+ r“The decision to indefinitely close the Footner facility reflects the severe decline in North
: Y" |: x# [) C1 R5 n+ C8 y4 r: Z8 LAmerican housing starts and structural panel consumption coupled with considerable
p! }2 O- j/ Moperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
- A ~. z' [5 u0 G: l. Zdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity. `; {' \: M* j7 ~; Z9 y
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not) q% H9 n, }& } `8 J6 t0 Z
foresee any short-term improvement in either customer demand or costs.”' F6 |1 d$ d. y# |1 \, z+ _* d4 a9 I
- F8 Y$ q6 N& M& r3 ^! S4 z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。
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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。! Z1 g! T l' d# ~7 M
7 k9 u! w& `- a" P- E4 n* CAinsworth的CEO最后一句话值得我们深思。 |
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