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NEWS RELEASE
, t6 T! ?3 g0 a/ I0 m) F" C9 X( cFor Immediate Release
' X2 l: s9 a c& XNovember 27, 2007
& P9 L1 D% `7 V0 c$ o$ m, r; oAINSWORTH LUMBER CO. LTD. (TSX: ANS)/ Z. T6 N5 |: S1 c J( P# y/ y8 |
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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& v' h) _/ _; I! d; n7 s% J: FAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned: ?- Y, W! p, C" T1 m
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
E6 ]& C O. U7 M/ N0 |, _" pyear-end 2007 due to operating losses and reduced customer demand.
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3 O0 G' g6 i1 ^/ UThe High Level mill employs 150 people and produces approximately 700 million square feet
3 |! P- }8 Y& Y9 `; M9 g2 A% L(3/8” basis) annually.. c+ A$ x: e% B* n9 G, S
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OSB production is expected to be curtailed effective December 20th. Footner will provide
* @' {. j8 q% Z( h" e9 ^/ S1 gaffected employees with severance pay and employment transition services.* f8 r0 Z/ ]! U5 h: O3 ~
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
]+ d. O' E6 F4 R q0 ?American housing starts and structural panel consumption coupled with considerable
5 p3 e" Q0 p$ |1 v2 k% goperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses' m% ]3 U5 T N5 G, s& {2 z6 _" Q# ?( y
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
) e$ p6 @ P2 ~7 i/ w0 s5 Land taxation rates have regrettably forced us to take this action. Unfortunately, we do not
" Q ^: a* m% Q5 E* xforesee any short-term improvement in either customer demand or costs.”
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7 o' U+ M5 y9 E) `" ?3 l1 r4 M; R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。' }" f9 t& t& {9 }( }* i
' T! }) d4 D: c. m" t1 f" u ?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。5 N8 N( i2 q* @: L ~% L# ~# K2 Q0 _
% Q3 B0 E4 C& L4 P1 k4 X- VAinsworth的CEO最后一句话值得我们深思。 |
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