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NEWS RELEASE
* p/ c! f1 B5 y+ ~. J5 q( nFor Immediate Release) q/ W1 F: L5 F
November 27, 2007( b4 X- `2 n) Y1 \! h
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
, f8 A. E6 ~, E; S! l! L* vAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL; D1 w# v) u; {+ P$ n2 h
b- I" o% }$ M3 ?2 I& Z0 g5 ]: nAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned% X+ P8 G; w% ~6 {+ }* x
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
% \" P! B7 P6 A8 {* y0 gyear-end 2007 due to operating losses and reduced customer demand.
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3 ]' l+ \& T9 b* E+ _' HThe High Level mill employs 150 people and produces approximately 700 million square feet
' w" f+ o: w9 c u4 _! S(3/8” basis) annually.
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% N: ^. a: T" {* H SOSB production is expected to be curtailed effective December 20th. Footner will provide% A# q" p0 @) V: Q: z5 p7 v
affected employees with severance pay and employment transition services.: A9 ]+ w3 x) ~# J0 ~! i2 l
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“The decision to indefinitely close the Footner facility reflects the severe decline in North* R* M1 [8 E& P2 @5 T4 o" c
American housing starts and structural panel consumption coupled with considerable
! I8 g1 Q, y4 f4 R. u; O1 yoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
" f- ~/ l. P) i+ f' F' }) idue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
( \# g$ P) @# ~, w. d$ qand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
0 s; G/ N9 Y$ ]' gforesee any short-term improvement in either customer demand or costs.”9 H1 w+ m& t+ \; U# k
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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。5 i q* W7 b# ?. r& 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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Ainsworth的CEO最后一句话值得我们深思。 |
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