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NEWS RELEASE! |& q) b4 m% R! ~7 [$ s0 {
For Immediate Release4 @4 d5 v& o* H/ E8 f# J( o
November 27, 2007
6 V1 g1 \5 X$ b( k; u w& yAINSWORTH LUMBER CO. LTD. (TSX: ANS)9 u0 y) L% X3 Y0 C9 S; b
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL( q# W$ X, k* l* D
2 a0 i$ N; ^9 W5 [1 MAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned# ] C5 I/ L* e5 Z8 {
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
T; a! T# b3 hyear-end 2007 due to operating losses and reduced customer demand.: N m4 Y2 r/ j4 f1 }
' d/ C, L) O; V2 UThe High Level mill employs 150 people and produces approximately 700 million square feet
! P2 a5 d r( v G) s6 P(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide' U8 F4 c- F9 A, J) V2 F1 v* T
affected employees with severance pay and employment transition services.3 k# J" I! {* Z J. D; h3 q% q
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“The decision to indefinitely close the Footner facility reflects the severe decline in North) j1 Q9 S8 A3 X' T. c, ]
American housing starts and structural panel consumption coupled with considerable
5 U/ M6 B6 E% v2 o P4 d d C$ C$ X8 Hoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses0 ?" D$ O z% }) ~5 b/ h' [' `' C5 a
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity0 V4 ?9 I- w; s/ j
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
, S' T" x9 u* i% kforesee any short-term improvement in either customer demand or costs.”
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- z3 V& w! j. m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。
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/ ?: w1 A+ ~+ e" z! K1 y2 JAinsworth的CEO最后一句话值得我们深思。 |
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