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NEWS RELEASE
- Q+ M5 J! {& O; ^For Immediate Release4 {7 P* H: F9 I) f. F" u( r
November 27, 2007
- S, s3 Z( D; O& L2 ^" LAINSWORTH LUMBER CO. LTD. (TSX: ANS); I% C+ }! r# N% ^2 B; P
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned# r. S/ w5 B o5 W# K
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
1 ~% J, R9 L0 w9 u7 V7 jyear-end 2007 due to operating losses and reduced customer demand.& [$ y# a7 m6 U/ H' B
- L( q( J. b# B+ P! vThe High Level mill employs 150 people and produces approximately 700 million square feet3 U$ q! @9 e: C+ Z8 B
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
2 ~" ^5 N3 J4 D( u: V# O8 T5 S2 F' Paffected employees with severance pay and employment transition services.
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8 K5 c) M m& ~% Y“The decision to indefinitely close the Footner facility reflects the severe decline in North
4 L# X: r0 W. ]0 J3 FAmerican housing starts and structural panel consumption coupled with considerable
9 p( N5 c3 y4 J1 G7 S0 J1 xoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses+ o- k& o( H: x: C
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
: \+ F% D4 t) ?' X9 c1 g* Kand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
# Q; H$ ~* p0 \3 Qforesee any short-term improvement in either customer demand or costs.”% c2 L( @4 k8 v+ I5 S5 i
8 |4 X5 R7 @2 q. _0 L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。
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Ainsworth的CEO最后一句话值得我们深思。 |
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