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NEWS RELEASE3 y+ w0 \5 a# p2 ^8 f7 ]
For Immediate Release
* P' ?% n+ A) w3 [) KNovember 27, 2007
9 ?; _' U7 ~9 w) G2 nAINSWORTH LUMBER CO. LTD. (TSX: ANS)6 R, D# l e! V5 H& U
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL1 F: Y& o9 R% k4 I2 N5 }
! v+ E( B, L; p4 ~9 {2 {Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
( u0 j: D) `' F" E) S6 vFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
8 @+ Z, D6 m6 ~3 qyear-end 2007 due to operating losses and reduced customer demand.5 L0 X5 i5 m" r7 A
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The High Level mill employs 150 people and produces approximately 700 million square feet3 x+ o6 G) m" h ]* t& d* |1 C
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
+ I" L, D8 z" ~8 p8 A* ^affected employees with severance pay and employment transition services.4 B/ z3 n2 b+ y
2 N% h2 p. Z/ O' Y2 D( {$ E- y% S$ O“The decision to indefinitely close the Footner facility reflects the severe decline in North+ l3 b* z2 ` m' [, Z
American housing starts and structural panel consumption coupled with considerable& E6 \& X. y' f$ L
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses* Z- M1 h- f% v$ o8 w; O: u" X
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity: _6 A4 f; _# T: Y
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
( n2 x) R5 v4 A b# D5 _8 @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。% x0 V8 F6 F% @' y
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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。. |8 W W) ^* G3 F+ Q" L+ u
( {4 W, j' |* dAinsworth的CEO最后一句话值得我们深思。 |
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