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NEWS RELEASE9 G8 _6 B+ o6 J& b7 J; Q9 z
For Immediate Release Z5 u" U- T+ y& Y$ C, K
November 27, 2007
. K1 D* n; m) S. _5 d1 V# aAINSWORTH LUMBER CO. LTD. (TSX: ANS)
2 Z6 d7 _* H3 b8 [/ O& Q) `7 c, D/ fAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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, p, ?7 I" ^4 y* x* m9 w( b- CAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned) u' {- ^! F% D+ t# _
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before2 H h0 t' R* u- W% |5 Z
year-end 2007 due to operating losses and reduced customer demand.* L" l$ y7 L# [$ n/ F
# p* s2 I w! N( b/ q& uThe High Level mill employs 150 people and produces approximately 700 million square feet
! e2 ^, U2 v( M. U# w# S! }(3/8” basis) annually.6 X- X$ m2 ^6 ]# [$ n
8 t" x' N/ Z; M3 r! D, ] k8 Z: t7 h- uOSB production is expected to be curtailed effective December 20th. Footner will provide
( {, f' c$ E( Z4 Jaffected employees with severance pay and employment transition services." q5 C( N c! h5 z6 f0 m
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“The decision to indefinitely close the Footner facility reflects the severe decline in North' C0 S, z4 ~( `1 L6 x
American housing starts and structural panel consumption coupled with considerable6 N# y5 J- q5 `# N0 b
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses0 c- L! C% G) c% O: c+ _
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity3 @; P# E" [, o& i0 J' `! p
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not. B% f7 n1 x. W# {, ?8 B
foresee any short-term improvement in either customer demand or costs.”
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+ r& @3 [9 R* ~4 y0 R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。 N2 X, l& \ X) d1 }4 I9 A8 H
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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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& O9 s) O0 b- r' b7 ^# BAinsworth的CEO最后一句话值得我们深思。 |
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