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NEWS RELEASE( O L U* ]4 _, a* S7 g2 L# a
For Immediate Release
$ S4 J, s* o& V2 d( cNovember 27, 2007" f7 V$ k5 Y* M: p }
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
) v1 Q$ ~$ Y% \5 w: |AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 {# R9 o8 Z' {( ]( X, A: ~0 I
, d3 q5 y5 x# q% v; E* e: qAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned: v1 s) S0 K1 l& v: y7 G
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before& P3 B% W( `1 g! Y0 d/ z* D) ~
year-end 2007 due to operating losses and reduced customer demand.
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1 t1 o; E9 S$ Y% _The High Level mill employs 150 people and produces approximately 700 million square feet
q$ G, E( r- y g. T$ r(3/8” basis) annually.
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( ^. X4 a# e" R, X GOSB production is expected to be curtailed effective December 20th. Footner will provide
: s% K2 Q( h3 K$ t) Naffected employees with severance pay and employment transition services.. {6 M' z9 M) q- k) O8 U) m1 ?$ p
4 ]" U: y7 l1 F3 b( o“The decision to indefinitely close the Footner facility reflects the severe decline in North% ], E6 N4 N2 ] k
American housing starts and structural panel consumption coupled with considerable. q0 b: n" d2 p9 N( q
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses; R. g6 c: d2 d
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity0 V* I; T" n/ d7 H7 R; n5 ^
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
+ G# y% B. [$ `" Z0 Fforesee any short-term improvement in either customer demand or costs.”1 F1 _0 [; `1 S I9 a
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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。+ V, ~2 L4 r* l! ^. ?2 g9 o- q
$ ?3 [. i. _0 Q/ w- W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。/ K6 V1 G e; f& ~8 u7 W7 h
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Ainsworth的CEO最后一句话值得我们深思。 |
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