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NEWS RELEASE1 \; A* T% a, _; a7 ]
For Immediate Release
8 ]% Y- E# b1 Z' S/ rNovember 27, 2007( R+ r; x8 z P0 w% s' G# K8 a
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
# v# z3 ~% a6 c! N5 h5 Q+ mAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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" F8 t1 E5 }; o* nAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned7 ?$ X- B* }6 q C$ b1 Q
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before0 q$ K$ z3 x9 A8 D' f. Q
year-end 2007 due to operating losses and reduced customer demand.
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1 d% T6 H" u2 k; W- L2 z1 Q( q2 IThe High Level mill employs 150 people and produces approximately 700 million square feet9 Z8 S h$ v0 M- L
(3/8” basis) annually.$ @+ I' ]( z0 q
" |$ a/ x% _( c1 Z- I, BOSB production is expected to be curtailed effective December 20th. Footner will provide: p5 p5 A7 ?) c5 |" D/ m
affected employees with severance pay and employment transition services.
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" p4 w# s- m/ }) L“The decision to indefinitely close the Footner facility reflects the severe decline in North. }% L( V% b; r5 e1 I
American housing starts and structural panel consumption coupled with considerable
7 H$ M( I& {. ~7 Y# K3 Voperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
+ ~1 H6 L* o+ I$ A4 w$ gdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
+ C6 W+ d" U" K3 x9 kand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
7 \! C2 w8 h) X5 X7 Z9 fforesee any short-term improvement in either customer demand or costs.”
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7 X0 g# h R3 R2 F1 I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。# z7 Q, t+ w5 j$ X0 S, F
" P+ }; m9 v/ O# `3 V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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