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NEWS RELEASE9 ]3 q2 M/ i# M% V
For Immediate Release
- J; Z7 ?% ~! V* A+ MNovember 27, 2007& Z( c0 m( k6 r- c( M, d9 t
AINSWORTH LUMBER CO. LTD. (TSX: ANS)7 t# N8 q( o. |$ p7 R! Y( x5 G m5 [1 a
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL- i/ g1 d. K( |6 r# r) ]
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned" K- P* {! y+ g0 ]4 \% V4 ]
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before5 ?: Y, l0 Q9 ~: J4 S* R
year-end 2007 due to operating losses and reduced customer demand.* l3 V1 V( M6 q8 t, s) |: z( b
& s$ S0 ~# G" ~+ @& S" zThe High Level mill employs 150 people and produces approximately 700 million square feet
3 D+ i& E2 M3 ^* U" b(3/8” basis) annually.
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; ~0 m3 b, z1 x. J! O# \, H6 i' YOSB production is expected to be curtailed effective December 20th. Footner will provide
- j# W) g8 y3 N1 ^' j) P$ ~affected employees with severance pay and employment transition services.
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“The decision to indefinitely close the Footner facility reflects the severe decline in North: h" m y+ U! ^; ~8 i( ^7 _& B
American housing starts and structural panel consumption coupled with considerable
) D1 e. `3 w; @+ l+ L/ V' Soperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
: [7 E9 N8 z, C. {6 jdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
/ s# b8 k) ^- s* n/ l1 }and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
& o% W/ q/ ^8 |4 K! V" g$ aforesee any short-term improvement in either customer demand or costs.”
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9 ^; B/ @ R# t9 R/ {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。+ t% Z9 X5 t9 z ?# }
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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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