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NEWS RELEASE) w% N$ s4 C/ K% u" `- v
For Immediate Release+ V y7 K& _7 o& ]5 g+ {9 m
November 27, 2007
7 y& P6 c$ ]0 m; g$ i8 bAINSWORTH LUMBER CO. LTD. (TSX: ANS)' E" }; \# E: H" |; ?$ ^- e
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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) }3 i' T+ ^& w9 `; C9 NAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
! |& O# _ W1 q" j* k, l: K. C, PFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before' ?4 y3 W, X, _6 W
year-end 2007 due to operating losses and reduced customer demand.
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9 d, p( g" R9 o4 W8 ] PThe High Level mill employs 150 people and produces approximately 700 million square feet
+ Q$ H/ k0 ?; t" U/ m- l j(3/8” basis) annually.- p) \6 ?8 y) l8 P: `; ~8 {
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OSB production is expected to be curtailed effective December 20th. Footner will provide
# M3 o3 I8 B2 ]( U. daffected employees with severance pay and employment transition services.9 y9 H, |7 G. ]
6 e p5 i/ D. ~“The decision to indefinitely close the Footner facility reflects the severe decline in North
" X! x' Z% T# `+ S5 }: q' @! Q" p1 HAmerican housing starts and structural panel consumption coupled with considerable
$ C6 r+ s) m6 q9 Y) ?operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
4 K5 ~7 \& `* R& w' t0 T0 vdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity y' @+ ^4 o+ q2 ~4 g
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
! {) F/ Q! M. p/ F7 e% P, kforesee any short-term improvement in either customer demand or costs.”5 g/ B% P1 @5 `3 F- E
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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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& u8 A' D0 c5 U. c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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1 h+ w9 [5 E5 ?$ I# w: ~Ainsworth的CEO最后一句话值得我们深思。 |
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