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NEWS RELEASE. n4 G( F s% k% `% R/ f
For Immediate Release
( j. E7 Y, ^, g) J( n- W+ w7 gNovember 27, 20072 p, b8 N9 t7 J. u* g* v+ s
AINSWORTH LUMBER CO. LTD. (TSX: ANS)' F' J4 @8 n& ? O, n; q2 j
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL7 M8 O+ E& q, S: X, L) D: J% e0 L
( h# d( V3 C' z0 h" hAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
v! z e, O, DFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before. r" m* C* f. T( _" w5 y
year-end 2007 due to operating losses and reduced customer demand.
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' u: Z+ P2 E4 Z0 B" rThe High Level mill employs 150 people and produces approximately 700 million square feet3 ] z- b' M2 s) n* Y) e
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide+ K6 w# O6 v3 W1 y( y. W
affected employees with severance pay and employment transition services./ e3 S* Q0 O; t; i" p/ ]/ G- k
, P- V* L8 G% l“The decision to indefinitely close the Footner facility reflects the severe decline in North
% a/ N( z3 n( G' HAmerican housing starts and structural panel consumption coupled with considerable
$ n5 f$ E6 h+ e4 `' h7 ~operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses3 t2 |8 Z4 a; n' D; H9 U) a; ?
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity& {; B+ }5 v" p( M( H u
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not. m' A: L& s {4 c6 f6 }; Z
foresee any short-term improvement in either customer demand or costs.”
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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。 w S; ?4 Z+ h$ Q; I1 Y" f
; {7 W0 @; z9 c5 x3 C) c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。' d7 G/ b5 r) V7 i: j* u
) C; [( B/ c" }$ V9 M% c0 C* U4 R% MAinsworth的CEO最后一句话值得我们深思。 |
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