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NEWS RELEASE+ e) W3 b. x" ?% a
For Immediate Release u5 O' y1 v8 m6 Y9 \
November 27, 2007
% R# R& y7 U2 C4 e. pAINSWORTH LUMBER CO. LTD. (TSX: ANS); B; `- _1 T3 Y
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL7 `( s* o( ~6 o+ |
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned* M7 \# j' G1 `0 [8 K
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
. Z L0 I; n/ 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 feet8 L8 p4 L' z8 g4 E$ ^
(3/8” basis) annually.
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, I A6 X# c; T2 j" O. mOSB production is expected to be curtailed effective December 20th. Footner will provide6 r" t$ h2 y$ F+ u" |& l
affected employees with severance pay and employment transition services.- B7 P% x- T9 Z& ~! x2 T
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
4 ^! q( a( O- @$ e$ F9 n/ G: eAmerican housing starts and structural panel consumption coupled with considerable
1 ]& ^; |# L: L0 f i soperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
$ Q: l" j6 F& `$ s% k% Mdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
) N: P$ A; d" D. a8 o9 b* F, i+ _ Oand taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 Z* R" ^8 Z" Y( [
foresee any short-term improvement in either customer demand or costs.”
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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。
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$ ?& \, M+ f& g2 vAinsworth的CEO最后一句话值得我们深思。 |
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