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NEWS RELEASE
: z# M" [$ a- s/ D8 sFor Immediate Release
/ I9 Y* v3 z5 E/ fNovember 27, 2007 d+ r0 \1 I$ I0 }
AINSWORTH LUMBER CO. LTD. (TSX: ANS) h5 I' h4 j+ U# W4 ~' j7 `0 C; h
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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9 X- |( }: r1 W3 C3 xAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
& m! b% O. Q4 j4 W/ D- J2 I7 x9 BFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
5 C) R0 B8 P0 b! tyear-end 2007 due to operating losses and reduced customer demand.5 V& I" l( [- i4 k# ^6 ]% s
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The High Level mill employs 150 people and produces approximately 700 million square feet0 M, X+ m4 J9 g/ c4 s, i8 x
(3/8” basis) annually.
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* b1 r- n( }9 z( s0 x4 x$ xOSB production is expected to be curtailed effective December 20th. Footner will provide3 I! i! x$ ^4 ]
affected employees with severance pay and employment transition services.% a4 h% Y/ k3 D2 R; E
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
- o1 k$ I, F* _. CAmerican housing starts and structural panel consumption coupled with considerable: t2 Q. U6 `6 {, h1 w/ f$ j
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses7 n4 Z; d! n ^2 P( J8 P3 j5 ], t
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity- K- H' |1 S. a% w
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
" L e0 C8 f% E4 h" A: m7 ?7 s/ H }foresee any short-term improvement in either customer demand or costs.”
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" X4 X! i+ Y1 M9 |7 o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。4 V; [& t' J/ h, d/ h: k
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Ainsworth的CEO最后一句话值得我们深思。 |
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