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NEWS RELEASE9 B( Z" D. X2 s8 |- ~4 K9 x; N
For Immediate Release5 [0 d5 G- r1 t, _2 C
November 27, 20071 H! e$ |. z. ^
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
j# H' A: F3 BAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL; j W' B' d1 r2 t% v1 n. k5 h9 @* K0 e
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned1 w0 X7 O2 m" a9 k4 @) W
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
: F7 v2 }! a% h4 v, w. t( M' yyear-end 2007 due to operating losses and reduced customer demand.! ~% Y9 _/ \5 H$ r- O3 A
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The High Level mill employs 150 people and produces approximately 700 million square feet/ x3 C1 O% q A# B6 q3 W
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide( `) p, M/ |+ a$ q& K, G+ k' H- g
affected employees with severance pay and employment transition services.# M# y; t1 [ Y8 I- x
$ q& ~- i% H( P$ K* W V“The decision to indefinitely close the Footner facility reflects the severe decline in North) x2 |" g3 m5 y h3 D0 b
American housing starts and structural panel consumption coupled with considerable4 `7 h0 Z+ M& f7 E9 u' @1 C" C' s% j, N
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses3 \1 C# j7 f; U/ B$ E8 Q f
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity1 z+ @7 x- V2 g) ?2 Q- Q, Y
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not' T* E% i0 {0 E5 e0 N' B
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。% o- ^. {! U! z& V
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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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, h5 t: ~9 V9 @8 kAinsworth的CEO最后一句话值得我们深思。 |
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