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NEWS RELEASE
3 w% C& N* E" ]' ZFor Immediate Release
' |5 U w9 s) m; G* b fNovember 27, 2007- j# C' l5 U) q/ o- w, k3 h. n
AINSWORTH LUMBER CO. LTD. (TSX: ANS)6 C$ k( `, z" M
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL. @' b$ ^* U; u2 R q( c7 `( `4 V# [
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned7 K* k" T; }% l* d0 ?0 {: E8 L
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
+ N* H1 |% G8 X/ P# s; y3 Y3 xyear-end 2007 due to operating losses and reduced customer demand." \" ] K& o; a: g8 d- X
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The High Level mill employs 150 people and produces approximately 700 million square feet
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" L* u0 O5 M- r7 ~3 @OSB production is expected to be curtailed effective December 20th. Footner will provide( K: P' D& a8 s4 d3 z% V8 |
affected employees with severance pay and employment transition services." _1 R6 P; R2 |
; V2 M) q2 S7 O( o k“The decision to indefinitely close the Footner facility reflects the severe decline in North
1 h3 V6 h S% K4 `; u; }American housing starts and structural panel consumption coupled with considerable* c) c# B9 R* ^& b% d1 T
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses2 Y+ x5 w W' W1 x3 O6 h
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
W) D* [# }5 s" c0 j- }: Band taxation rates have regrettably forced us to take this action. Unfortunately, we do not! m2 f9 s X7 J! k
foresee any short-term improvement in either customer demand or costs.”% N: }. J/ P! s! T" Y, B( a2 B6 ~% L
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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。+ w- E! I, N/ o; S; Z5 y
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Ainsworth的CEO最后一句话值得我们深思。 |
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