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NEWS RELEASE1 i# A) ]) f4 _$ Y
For Immediate Release
; s. ?/ l, _( q+ ]- YNovember 27, 20070 {9 R8 L/ e0 d" _/ E
AINSWORTH LUMBER CO. LTD. (TSX: ANS)& I; L. {1 p* }. Y5 T6 {$ k
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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H! K4 _7 `) G9 T& m, l# LAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
! f I3 ^8 w- c$ ZFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before( J" o& h2 s. D! b5 N
year-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet
# B; _( B2 u% m- W(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
( t$ R* B) D7 h+ ? raffected employees with severance pay and employment transition services.2 }' j* O3 P8 E: I' b# e& J5 N4 m
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
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operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses8 h% F0 q" m# {# ?" L. Q4 c
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity( ]) S3 G9 ?! l5 m. I2 M o4 b
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
) h! x1 H! S' `' h2 B v6 aforesee any short-term improvement in either customer demand or costs.”' R; p8 X2 d! ]5 W) ]" h
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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。
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4 I. f' r& s3 ]* ?; ?! O* w+ N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 z, `' z* }9 F' E/ H& ]
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Ainsworth的CEO最后一句话值得我们深思。 |
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