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NEWS RELEASE
# Q6 x5 J$ G2 J: lFor Immediate Release2 \' k' z u, N7 ^# z4 s# l
November 27, 2007
. X% N$ b- v3 m7 u, r/ t) ~) n, jAINSWORTH LUMBER CO. LTD. (TSX: ANS)
6 U" j8 A/ K$ c. D% f9 q. U$ gAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 }0 O( e. B8 i" q |3 c+ W
6 q3 Z6 O- h) U( x1 mAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
: M6 m; M- S; \' r- DFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
5 s6 ^8 S! B( k: z( g3 D. uyear-end 2007 due to operating losses and reduced customer demand./ ]: x9 o0 M* T5 h! W- {! N, P
q9 M: w8 P" z" c3 @The High Level mill employs 150 people and produces approximately 700 million square feet' U9 b1 ~- \0 b9 Q* [ F" O4 z
(3/8” basis) annually.7 Y+ w/ |5 q# { G1 R$ s- g
( c9 b( J/ \4 k! _6 r3 W0 z: d: uOSB production is expected to be curtailed effective December 20th. Footner will provide n5 {$ `5 B9 b0 s
affected employees with severance pay and employment transition services.$ R; J C9 {1 l$ g" t2 c0 P1 P
+ `, j7 x1 e( m7 F- a# m& _“The decision to indefinitely close the Footner facility reflects the severe decline in North' Q" m% N% r$ |" U" \: y+ ]6 J
American housing starts and structural panel consumption coupled with considerable; K. W( F% D/ z* X E2 X$ U! k
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses3 V( {9 F' u- J' ^
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity& N: _* a/ `; v
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 y" d7 H' A) {
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。
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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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