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NEWS RELEASE' D! B# y: M+ ]7 n! Z e P
For Immediate Release& f' K( E2 b3 ?: F! o
November 27, 2007
0 @+ ?# W8 a( ], [AINSWORTH LUMBER CO. LTD. (TSX: ANS)# J* y: S/ j1 v9 R- N3 d6 ]- O+ ^
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL4 V6 B2 b2 H$ u- d
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
. E+ B# p" S4 x# l) EFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before [* K: S2 W( T* q
year-end 2007 due to operating losses and reduced customer demand.% a( l% r1 W! t5 x+ z5 F5 f
7 d* L! [3 I2 q. [8 cThe High Level mill employs 150 people and produces approximately 700 million square feet" X. E$ z( c4 n" t Y. g& r% V- B
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide/ A0 Z: q& i8 `
affected employees with severance pay and employment transition services. w: ` I. l: i5 y8 A
T4 ^% g- G8 i* `“The decision to indefinitely close the Footner facility reflects the severe decline in North. f: C% S6 H( v7 E
American housing starts and structural panel consumption coupled with considerable
' L& y5 z `! |4 u0 P8 L% Moperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
8 Z8 O& A* F: z% Y- S" E0 T: m. Udue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
4 y z# n4 z9 H* a& band taxation rates have regrettably forced us to take this action. Unfortunately, we do not r- x; A6 m0 j! _3 r
foresee any short-term improvement in either customer demand or costs.”
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' c5 }6 O5 f2 h' t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。& R% E3 Q+ u7 b
0 v8 L" ?; V* [7 a" d! b& l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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Ainsworth的CEO最后一句话值得我们深思。 |
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