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NEWS RELEASE
: h5 O1 }( w$ r3 J. C7 k q( g9 HFor Immediate Release) X9 C% F' x8 R# u/ w
November 27, 2007
1 j9 G% t! ^. W; d3 r6 d2 eAINSWORTH LUMBER CO. LTD. (TSX: ANS)/ o' ~: V! z6 L& f0 }
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL/ J3 H3 {( Q3 b: T5 U
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned) y! n6 P/ D* n, V# Y$ F* O L; A. p
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before8 o: Y' @0 j6 E0 u
year-end 2007 due to operating losses and reduced customer demand.( s. O& G2 i e+ L- w: F
* Z3 b; c$ V. a: t" QThe High Level mill employs 150 people and produces approximately 700 million square feet% Y2 E% x7 y- `: ~3 e) N U+ _
(3/8” basis) annually.7 c" ?8 [; x5 v
/ n6 Z9 H% B0 z3 xOSB production is expected to be curtailed effective December 20th. Footner will provide
: W. u3 x E" H* haffected employees with severance pay and employment transition services.0 V# y9 \2 H3 S2 e' M8 `. A
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“The decision to indefinitely close the Footner facility reflects the severe decline in North1 r- W7 S2 s3 o
American housing starts and structural panel consumption coupled with considerable
5 e7 ]) M' e9 ooperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses" J6 v W3 X, l1 V$ @, Z
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity* E* w4 H! g+ C# e6 s
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not8 K0 M% L2 w/ S
foresee any short-term improvement in either customer demand or costs.”( X9 a+ c) g! H9 X8 I# H- K
: B9 C3 y' }1 L% T/ @3 b* J( n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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$ [% |. p2 X: n2 g: @. w% N6 k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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