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NEWS RELEASE
- v3 P H1 |8 W; H @For Immediate Release2 e6 I* c' C( t
November 27, 20073 v& }6 s/ h4 n# B2 Y
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
3 M* K! V) P7 q3 C% Q; i+ LAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL; e6 R; A+ Z( @
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
2 J; v+ q8 U7 L0 O& j% J6 `2 w4 AFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before2 ? ?: M! G+ ^( W) h7 |
year-end 2007 due to operating losses and reduced customer demand.
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* W4 F; i9 n) S, c% f5 bThe High Level mill employs 150 people and produces approximately 700 million square feet+ W0 o; a4 m c1 z/ i
(3/8” basis) annually.# D n9 V) Y m5 ^8 r3 o
' `5 I! t3 Y; {6 R+ c3 k: aOSB production is expected to be curtailed effective December 20th. Footner will provide
8 R6 r3 E& B# l$ M+ taffected employees with severance pay and employment transition services.
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; T9 ?- E2 M& t+ ^4 d4 c- Q }2 Q“The decision to indefinitely close the Footner facility reflects the severe decline in North1 }( ?8 g1 b8 s+ |0 a# O
American housing starts and structural panel consumption coupled with considerable
# A, r8 ]$ N7 I6 o. aoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
5 V& Q4 j$ @ w1 r( |8 L, E; ~due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
& f. [7 ^9 s) T) nand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
% i6 ^. w) n R4 Bforesee any short-term improvement in either customer demand or costs.”6 d$ f u" T* d: z8 }. d+ _" u( h! i
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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。; F" l: ], K$ R6 j. c+ t! R
6 r2 s+ Z s* fAinsworth的CEO最后一句话值得我们深思。 |
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