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NEWS RELEASE
8 b% q% z- L- u8 N" v5 E/ j* \For Immediate Release* T0 v% c# ?7 x
November 27, 20076 K& Y5 E" ~. `/ |% n) [1 G
AINSWORTH LUMBER CO. LTD. (TSX: ANS)+ r! K4 T( |& S" Z
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL- t: `( P; F0 E5 ?
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned: H2 U2 @+ X% ^3 {
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
/ m( y, Q1 P# L7 x1 iyear-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet5 t/ E2 D7 w. X1 g* K
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide0 v- O3 Q" g% K0 h: X
affected employees with severance pay and employment transition services.
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' T% E* h3 z# {6 t% N“The decision to indefinitely close the Footner facility reflects the severe decline in North
) i8 V, n9 v8 f& {# h( jAmerican housing starts and structural panel consumption coupled with considerable
I/ ?0 f- S, Q5 y: Y* P5 h W) loperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses- X6 y0 I! N: R$ T( c/ l
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
7 \# `! @ |/ Mand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
2 U$ M6 d* Y: Q4 T9 j. X6 |foresee any short-term improvement in either customer demand or costs.”
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3 o' N3 v$ ` }/ ]5 f% E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。- T9 a' F! v6 p5 z! |2 O9 }
* W) I& Y+ V5 m8 t% ^* \4 T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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