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NEWS RELEASE
) B5 D, S6 ?- }* p. N) s8 _For Immediate Release3 T* G6 o: j2 {
November 27, 20077 m8 R9 `; J) D1 g/ B+ x
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
1 Q0 q% R& x- G0 H Q" o3 q. M8 BAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL* Y `: R6 r& z6 M9 J |6 @
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned7 n4 n4 c2 S: Q/ R& G( @
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before# p \, R' E2 T
year-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 feet9 j- K0 p0 M) T2 q' H6 s( P
(3/8” basis) annually.: b5 i# [, v8 U0 b
& A2 G& O3 `* a; b% n$ tOSB production is expected to be curtailed effective December 20th. Footner will provide
4 ^* D: p1 ~; t/ V7 A6 c# D* [( ?8 Saffected employees with severance pay and employment transition services.
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6 l/ B" K) r5 |4 v& k“The decision to indefinitely close the Footner facility reflects the severe decline in North
/ n/ J! M4 } U" b m" y% aAmerican housing starts and structural panel consumption coupled with considerable& o5 Z. F/ N s; g0 V- Q: J) P$ x) T
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses5 k p$ V1 C" h6 C& W* `: p
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
$ w! k% j0 d- nand taxation rates have regrettably forced us to take this action. Unfortunately, we do not3 y$ ^. e' _' ^8 ~7 [9 t
foresee any short-term improvement in either customer demand or costs.”' r8 r# p$ _, p) @; k& Y* F
" T' y$ _3 F; t+ C! t" v$ w6 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。
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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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