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NEWS RELEASE- c( ^7 _, t0 o: k% T2 l
For Immediate Release' b2 d: A! P A
November 27, 20073 V8 f# o3 S" e
AINSWORTH LUMBER CO. LTD. (TSX: ANS)4 ]$ R+ a! m5 w$ r
AINSWORTH 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- E2 Z# }$ e B+ q" h; K
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
/ K/ l# U; p+ E4 w- s/ l) Uyear-end 2007 due to operating losses and reduced customer demand. [6 N, C" c1 \! Q7 @" h: l
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The High Level mill employs 150 people and produces approximately 700 million square feet" {7 l; ~! n6 H; A
(3/8” basis) annually.9 T; \. c. g6 \& l! q. M& l* z
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OSB production is expected to be curtailed effective December 20th. Footner will provide
& q: h2 B C& o, |/ `( Vaffected employees with severance pay and employment transition services.1 ]. r" D* z; E6 O
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“The decision to indefinitely close the Footner facility reflects the severe decline in North/ T6 g6 K T( L4 I
American housing starts and structural panel consumption coupled with considerable9 c6 ?; s! S. t$ T! ], X9 O
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
: s5 v+ G5 C2 odue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
d. f9 q/ `5 r* q5 band taxation rates have regrettably forced us to take this action. Unfortunately, we do not3 e( b' J0 r# T& @+ \
foresee any short-term improvement in either customer demand or costs.”( f) n0 G" N% R8 \5 v; b
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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。( I0 L5 S: ]# y" j; n6 d; ^
5 I5 G! P/ G* F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。2 v! h, O3 H7 j8 O3 D# A
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Ainsworth的CEO最后一句话值得我们深思。 |
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