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NEWS RELEASE0 S; n5 F, }7 O0 b- [) P9 u
For Immediate Release
. S$ @7 f+ Q' LNovember 27, 2007
8 m S& Q$ c; _/ m6 v4 x) q# ]AINSWORTH LUMBER CO. LTD. (TSX: ANS), w- J5 m5 f$ k9 M3 \( G3 ^( ?
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL4 f @! j R/ U2 h; r2 b8 {
, M7 t! e0 y- r) e* {Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
, P6 @% r9 K3 ~Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before& @9 B4 n/ ~) ?, A- n- G v
year-end 2007 due to operating losses and reduced customer demand.
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/ H/ ~5 ]9 O, Y% t+ }8 RThe High Level mill employs 150 people and produces approximately 700 million square feet
* d! ~2 {0 `+ A; r7 p7 Q3 ?(3/8” basis) annually.
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3 F9 O* \* x1 D1 J h, |$ iOSB production is expected to be curtailed effective December 20th. Footner will provide) n% B8 K3 A! R
affected employees with severance pay and employment transition services." i- C4 p5 x5 b; h% V8 N
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“The decision to indefinitely close the Footner facility reflects the severe decline in North) D% e8 s% {" F4 S! y: W
American housing starts and structural panel consumption coupled with considerable
0 l! S7 x, s6 R1 s. W0 Hoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
1 H8 V* m% w% c! }due to the stronger Canadian dollar, high freight costs to key markets, and local electricity5 l/ o7 H9 }" ]% Y. y% Q8 W
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
* r$ q3 T% K; |3 L2 q7 `foresee any short-term improvement in either customer demand or costs.”
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$ i. a& }9 m/ H+ }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。3 A% O- ~ L/ c* w1 I$ I
$ p% w: ^$ O1 R. l; q( C" d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。4 L. u: R+ H% y6 `3 c
9 y; u( `' u0 } NAinsworth的CEO最后一句话值得我们深思。 |
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