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NEWS RELEASE* J. e0 e1 a' A/ h: j# ^* A
For Immediate Release4 [% O' O9 V& f/ Q
November 27, 20073 m; L- K8 T: e* W* t; K- I& \
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
- B0 A3 _ y* u! \( ?0 u N; v2 BAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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3 k! k S& f. r! ^Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned7 ^2 y. K. Z# G
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before! y9 t& N* f7 d! _5 h- ]! f
year-end 2007 due to operating losses and reduced customer demand.
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* C# t$ L C; ~/ y8 Y$ v& ZThe High Level mill employs 150 people and produces approximately 700 million square feet
2 {% h% A) |, }5 Z+ W/ Q(3/8” basis) annually.7 W9 S, Z6 ?6 k1 Z1 [" i
* Q8 u8 [+ X. P* T: K/ _OSB production is expected to be curtailed effective December 20th. Footner will provide" ~- ~" f3 Y% o9 ?
affected employees with severance pay and employment transition services./ q1 s" U% W' l$ L8 X. O
; R) h' L2 P e7 }2 t" E; a“The decision to indefinitely close the Footner facility reflects the severe decline in North6 b! D, |& @$ S) [$ p( M: q9 E# `" s
American housing starts and structural panel consumption coupled with considerable
/ |! [/ F9 e( `1 c. |1 G$ |3 woperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses5 H" ?8 A& P, N
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity7 g! b. |3 v( W# k" q% x
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 I9 x& O. ?$ D" A' o
foresee any short-term improvement in either customer demand or costs.”
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3 {* w& b& Y: |, k) v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。- Y9 b* s2 ?* C
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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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