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NEWS RELEASE& J1 U- ~8 v: r$ Z/ A
For Immediate Release* S8 W8 m2 V* L: R! [8 I+ h
November 27, 2007
( @ p- ?& O% Z& T' Q D$ `4 [AINSWORTH LUMBER CO. LTD. (TSX: ANS)
. F6 o4 e2 ]$ t3 j, OAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
& v& a: g! x. H( r$ AFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
5 @, o3 Q. l5 B! i' d- byear-end 2007 due to operating losses and reduced customer demand.
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- E* l4 y4 ^0 [5 I4 DThe High Level mill employs 150 people and produces approximately 700 million square feet
7 S1 b6 n, H: M. X(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide: [& p2 b" z# A* v+ |9 v
affected employees with severance pay and employment transition services.8 k- ~+ i9 U; F1 n. b
4 q. Z$ x+ ]( W2 O* \9 b“The decision to indefinitely close the Footner facility reflects the severe decline in North
) {0 y; k' _5 w7 o- Y7 m- U- q. IAmerican housing starts and structural panel consumption coupled with considerable
8 t4 }5 h4 H: [, E" doperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
2 X1 N$ H7 L! |; s! g3 y4 K# Z5 x& Gdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
; ]0 `6 y3 l' t$ ~* Cand taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 }: N) `0 h, ^. x! |2 t R4 \
foresee any short-term improvement in either customer demand or costs.”% P6 g% L0 l" h0 ]5 Y
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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。, H- V! e% L" x4 g- v
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Ainsworth的CEO最后一句话值得我们深思。 |
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