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NEWS RELEASE B5 ]( o% n! Y; y2 F }
For Immediate Release
) k: s# z8 p: i D6 lNovember 27, 20074 t M4 ^1 }* R: L
AINSWORTH LUMBER CO. LTD. (TSX: ANS)/ r. ]7 U2 z( j7 i/ a3 h. F
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
8 }( }. Y1 S4 y% yFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
F3 [7 d/ k/ ?7 G) S! Ayear-end 2007 due to operating losses and reduced customer demand.
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7 \: s, b6 t9 F0 LThe High Level mill employs 150 people and produces approximately 700 million square feet
* P8 u$ J8 ~( w4 b/ s+ r(3/8” basis) annually./ y2 C0 G. u3 U' k0 y; }
3 w9 O$ ?- ?3 Q5 T- zOSB production is expected to be curtailed effective December 20th. Footner will provide; ~: m, G6 M; ^2 }
affected employees with severance pay and employment transition services.$ a& p" o! }2 _0 ~. y
8 a& j/ Q% I# D+ {) k5 _“The decision to indefinitely close the Footner facility reflects the severe decline in North7 z$ M! `% F! }8 x- H
American housing starts and structural panel consumption coupled with considerable, D" P" g8 ~1 I4 x P6 p/ e
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses+ h6 g6 E6 b6 Z# A# Q- ~
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity6 }* B+ u( J% @* ~2 z3 ^/ D0 i
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not* |7 J' G+ s- {9 S8 \
foresee any short-term improvement in either customer demand or costs.”7 W* o/ N1 ]. m
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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。1 Q+ ~9 ^& r& a Z( E6 A
' x% ~) d* q5 H/ T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。; D, D% @" ]1 ~3 ?' m" a: h6 I* d4 m
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Ainsworth的CEO最后一句话值得我们深思。 |
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