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NEWS RELEASE
" a. J! G! h, GFor Immediate Release
2 H% {7 i7 Y. zNovember 27, 2007/ s c3 L0 @, J1 p: G3 \! v. G+ o
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
9 N2 v- w6 K% i* J5 c4 EAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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8 S5 k, L6 f1 ^# xAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned% e1 s1 m9 b8 X( C9 X
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
4 d/ L! `1 X+ j6 l7 `( j( x8 fyear-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) `- f, m9 I, C7 X5 B2 i2 G
(3/8” basis) annually.
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! U2 M8 R1 J8 Z0 bOSB production is expected to be curtailed effective December 20th. Footner will provide
* f& b( w* p k: vaffected employees with severance pay and employment transition services.
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1 J& i5 p3 n6 M8 i, e“The decision to indefinitely close the Footner facility reflects the severe decline in North- L: F7 L/ G4 M9 t9 E( d
American housing starts and structural panel consumption coupled with considerable
. g% G) V3 s( h; x$ Qoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses% a1 k3 ~0 V6 w G/ h6 C" B# ^
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
/ g7 m7 U! }9 U/ u0 J* wand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
% \" V3 }4 h4 L% ?- \7 eforesee any short-term improvement in either customer demand or costs.”) M& C" Y- }, @! B7 ]" k
/ n) I2 X% y s* g. E" u/ [0 f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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t( _6 c2 c( T0 c1 C* o' O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。( X! d1 u. _8 k5 `- f4 h6 h3 q
" i% m. Y) _3 c5 N0 Y" A. EAinsworth的CEO最后一句话值得我们深思。 |
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