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NEWS RELEASE
# |) D% V9 l) u+ t$ D! _For Immediate Release
. ^ ^4 z5 y3 oNovember 27, 2007. z4 `3 C4 N. T4 ?5 L1 |
AINSWORTH LUMBER CO. LTD. (TSX: ANS)$ [0 a( C0 s; @5 U
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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4 h3 A; }; n4 T2 m& j6 J! P- h3 m, OAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned( ^) \: e7 Q! ], k( b4 ]* W2 v+ z y
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before. b; Q8 H) n7 | f5 y! w$ f, l
year-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet& r* u9 f8 i' ?, D+ E3 U8 ~6 o; R
(3/8” basis) annually.
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8 T8 j( ^& F7 F3 {; ]- h+ `5 M, OOSB production is expected to be curtailed effective December 20th. Footner will provide2 }& W! p. y# w' G& \# Q
affected employees with severance pay and employment transition services.1 ?. y3 ?, M% U# a' i) f1 v
$ w2 K8 U2 S q7 q. W: G“The decision to indefinitely close the Footner facility reflects the severe decline in North) _, O. j+ e" W7 O: q
American housing starts and structural panel consumption coupled with considerable
, m4 A5 D: j. a& V$ \+ loperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
" F5 T" ?. o2 D0 @3 a9 n8 `due to the stronger Canadian dollar, high freight costs to key markets, and local electricity! @. z0 D4 U% t% v7 O
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not/ S/ R: J& [8 R+ V
foresee any short-term improvement in either customer demand or costs.”
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3 t9 V! @2 v1 C6 ?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。( G- T" J. `6 _& C+ J2 z. H
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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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) B. o. G4 F3 M* {Ainsworth的CEO最后一句话值得我们深思。 |
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