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NEWS RELEASE
) Z, O/ C; J$ ]! V0 ~For Immediate Release! M; d, E s$ q+ `- E
November 27, 2007
! Q8 d! m* n$ `AINSWORTH LUMBER CO. LTD. (TSX: ANS)$ \4 T1 s6 ~$ E6 g$ u4 f# V) Q
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL1 R% C- R+ A( R1 @: {6 }
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
1 K# H& y) O2 z& A; K, eFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
/ O1 r! u# n! x* Y* t! \, Lyear-end 2007 due to operating losses and reduced customer demand.
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2 c! @5 j5 `7 p, ]+ F( k( iThe High Level mill employs 150 people and produces approximately 700 million square feet& ?/ s6 i5 H p
(3/8” basis) annually." m8 T- B9 K' \) z/ o6 M
; `" ~. a; D, p8 s/ }OSB production is expected to be curtailed effective December 20th. Footner will provide) p6 b9 H3 B, A- Q
affected employees with severance pay and employment transition services.
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: P1 ~: H8 y0 e7 F0 {“The decision to indefinitely close the Footner facility reflects the severe decline in North7 [3 u& l3 V: O3 n( {. R9 I
American housing starts and structural panel consumption coupled with considerable4 A% s- @! S9 P3 {% m
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
9 x$ s% w% x$ y% zdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity f( ~- K9 [3 J G) y* e5 h
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
2 Q& L& K' s- x% oforesee any short-term improvement in either customer demand or costs.”
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3 C4 K4 E5 G$ l3 [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。" |# y/ {6 G* C& }1 F+ R1 o2 F0 y: [
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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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- s2 {/ h* w, ^& `; eAinsworth的CEO最后一句话值得我们深思。 |
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