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NEWS RELEASE
' r9 p2 B7 m$ uFor Immediate Release
: c; d: u i$ ^' m! a3 nNovember 27, 2007$ W; ?# f' V- A1 E
AINSWORTH LUMBER CO. LTD. (TSX: ANS)8 P# j* l6 s ?
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL# V% e6 \6 d+ W$ k7 P' f/ t
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
* A& L0 P& {$ a' {9 YFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
Q5 ? [' R: v3 o. s: ~1 t) Oyear-end 2007 due to operating losses and reduced customer demand./ l) }- e! t% `5 ?# w$ Z i
% K8 X0 J6 Z2 `7 J1 I/ pThe High Level mill employs 150 people and produces approximately 700 million square feet
j8 F8 o/ T- k9 E! ? O/ X$ l, p(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
. Q8 E4 ^# o9 l- H2 g$ ?affected employees with severance pay and employment transition services.+ c U! I1 R- I& s% E8 L
! E& N5 T" I1 z V% l0 m D6 @' B“The decision to indefinitely close the Footner facility reflects the severe decline in North: B$ t6 z% F) ?6 W0 H
American housing starts and structural panel consumption coupled with considerable
5 O$ L7 A% r( Aoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses) F! z5 K$ t3 [0 V3 c4 B F
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
; ~8 X; J1 a) Z6 gand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
3 B8 B6 `6 Z. t. _% fforesee any short-term improvement in either customer demand or costs.”* }* Y8 u0 ?0 m1 {9 p
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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。; ?' z: S/ v) Q& M
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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。% N8 J7 E7 Z8 A) F/ k( k+ `
0 c( n6 z- R6 k) G9 q+ I# [6 Z! IAinsworth的CEO最后一句话值得我们深思。 |
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