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NEWS RELEASE6 z0 c3 c: C+ h( Y) B8 f0 A
For Immediate Release( B0 _( k* Z% j1 m* O% e# g A
November 27, 2007
, o6 G2 K: O7 u: pAINSWORTH LUMBER CO. LTD. (TSX: ANS)) Y. s: l* L5 _4 \3 s
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL T* Y7 A1 v1 w, m" R$ O
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
7 _; U1 X K$ g+ c! b3 E1 `' uFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before7 V( v/ W; T6 k& Z1 ?% E" o
year-end 2007 due to operating losses and reduced customer demand.
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+ L2 l t! J. d7 x+ ZThe High Level mill employs 150 people and produces approximately 700 million square feet
* F9 H$ Y6 q$ g/ x/ ]% p(3/8” basis) annually. m/ N; C# ?; `+ G: T
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OSB production is expected to be curtailed effective December 20th. Footner will provide$ ?2 T4 D+ K/ E' y" m7 r, ?
affected employees with severance pay and employment transition services.9 F' L5 |) P2 J w
: `% q6 m/ N( c. M' a* D7 ?0 h“The decision to indefinitely close the Footner facility reflects the severe decline in North
4 W7 ]/ u6 I4 {% F' _. L" FAmerican housing starts and structural panel consumption coupled with considerable
; H9 R! {0 J7 I( W9 Koperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
+ q; R5 W& D: x8 @due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
2 F$ G! p' N, J" K2 X5 w( ^! z: ^and taxation rates have regrettably forced us to take this action. Unfortunately, we do not- G5 F1 _# V S9 W0 x2 B
foresee any short-term improvement in either customer demand or costs.”
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# F4 ^4 Y0 l/ a; Q7 U6 a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。" g, [% @4 g$ I0 @2 M
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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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! l3 c% ?2 V2 MAinsworth的CEO最后一句话值得我们深思。 |
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