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NEWS RELEASE
5 w) }# Z' U2 ^9 R: TFor Immediate Release
. e( E3 `5 f7 j5 u( S: C) NNovember 27, 2007
3 A9 M, [6 h# L$ p4 ^2 a6 e; Q4 DAINSWORTH LUMBER CO. LTD. (TSX: ANS)
8 ^" w$ j; C& G2 e# N) Z* OAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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3 H' x! p( H7 b% `Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
% n0 i+ }3 G8 G4 _" u& x/ V) b* K& Q( \Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before/ U6 \! r3 ?: g4 t1 }3 Q( U7 B4 I
year-end 2007 due to operating losses and reduced customer demand.) {( I& k( _% F& }# y% ^$ p
; E4 ^- P% D0 I# z$ KThe High Level mill employs 150 people and produces approximately 700 million square feet: W, N4 \3 D$ V$ j+ H
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide, J( F! E. K9 A7 c9 _9 j( w
affected employees with severance pay and employment transition services.
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9 z- K! k% ], u! A“The decision to indefinitely close the Footner facility reflects the severe decline in North0 |& I5 D+ Z1 N7 ~
American housing starts and structural panel consumption coupled with considerable. T% Z) `" m5 n" N" g
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses# W3 q' P6 p6 ?1 J
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity1 V, \4 X. W+ C) @) q. Y
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
6 G: x7 E! u6 Jforesee any short-term improvement in either customer demand or costs.”
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2 Z2 G! n# w, E& T6 o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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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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