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NEWS RELEASE/ Z/ C9 b+ G2 v1 P4 s& F, p/ K5 y
For Immediate Release
) f8 O6 B" }3 X4 pNovember 27, 2007
3 i# u9 j; \7 T" i7 M; GAINSWORTH LUMBER CO. LTD. (TSX: ANS)0 F% ]1 I1 N% i2 @
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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2 k. L9 ~$ M" ~1 b2 rAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
& T% P9 _( X2 t+ M hFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
. N; p+ L [! w- T8 i' s6 r* o7 oyear-end 2007 due to operating losses and reduced customer demand.' K$ V) C: t' K
- H, T: [7 b& z( P3 iThe High Level mill employs 150 people and produces approximately 700 million square feet4 F. s, e& d& G6 i+ f
(3/8” basis) annually.
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" F6 s0 ~1 r. F2 IOSB production is expected to be curtailed effective December 20th. Footner will provide
1 A1 i" u1 r' a' S; R. p$ zaffected employees with severance pay and employment transition services. B0 C+ K6 u7 n8 ~
) r6 R' s1 w8 A* `“The decision to indefinitely close the Footner facility reflects the severe decline in North
1 d$ X) R, o5 l: Y; F' V/ fAmerican housing starts and structural panel consumption coupled with considerable
; A6 n4 W' W1 J! w' ioperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
- Z5 x# Z0 ^0 P2 `$ J. Q: a/ Fdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity! c$ U; _$ _$ I% ?
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not1 z+ p7 X+ P) X' B
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。1 `2 j# p& A Z" g3 X
; I0 G& t9 K0 ~, I" S% ]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。; U8 ?- O& e1 x7 K6 n" Y V8 a2 h
% V& E+ s. n7 Z- A5 I4 ]# A6 [) EAinsworth的CEO最后一句话值得我们深思。 |
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