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NEWS RELEASE) q( T6 [& K" v) G! \/ a! l
For Immediate Release$ O- N2 v9 T: c0 @* _! s* {
November 27, 2007 u W2 X; ]& l
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
4 `! _3 d- o% Q- H. LAINSWORTH 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# |6 x# C& p' ^2 {6 d- B* H
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
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The High Level mill employs 150 people and produces approximately 700 million square feet
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OSB production is expected to be curtailed effective December 20th. Footner will provide4 u" Q1 Q& |3 C# X; ~& E d4 A
affected employees with severance pay and employment transition services. ?0 t( @/ ~; F2 o8 ~" P w6 J% s* b
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“The decision to indefinitely close the Footner facility reflects the severe decline in North4 ^( Z& `8 v9 u9 k
American housing starts and structural panel consumption coupled with considerable
8 `# h) ], f! t& \0 roperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
. N5 {/ \; k7 V1 l2 F. K" E Ndue to the stronger Canadian dollar, high freight costs to key markets, and local electricity2 J K7 L4 `" Z5 g& d
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not6 A' ~7 P4 q4 ]4 F( }
foresee any short-term improvement in either customer demand or costs.”
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: `6 o/ S, e3 o7 i6 ]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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