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NEWS RELEASE& W: j. `( F5 \7 ~' X* g, D
For Immediate Release
% w, l/ k8 ^+ }" QNovember 27, 20079 B* H6 N% k; j5 i
AINSWORTH LUMBER CO. LTD. (TSX: ANS)& s, m* o- ? y, Q+ Y& B6 N2 V( x' ^, B
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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2 b% ^( l6 Y) v, f3 W9 kAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned. Q) {+ A8 i. ]$ r9 [; ?" h0 [
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
5 g! [8 d, b7 H" A7 _: w% x1 Cyear-end 2007 due to operating losses and reduced customer demand.: i& f* V7 R7 L# E+ v$ e# I* _
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The High Level mill employs 150 people and produces approximately 700 million square feet/ a8 c$ B2 f* M
(3/8” basis) annually.4 {. J: i, F) W9 i9 D
: H- r# S* y1 S9 jOSB production is expected to be curtailed effective December 20th. Footner will provide
; f6 |9 q; ^4 c6 T$ X6 H; b4 Q1 D, gaffected employees with severance pay and employment transition services.1 [* q' [/ T7 L
% i5 }" J4 G" O0 _“The decision to indefinitely close the Footner facility reflects the severe decline in North1 y& M% s( x0 E8 E
American housing starts and structural panel consumption coupled with considerable0 R$ t) @2 Z9 e* u1 m
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses% C& c+ B2 O5 t X
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
! H: q) O# d* @ S0 m# yand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
4 v' }+ u/ S- N0 hforesee any short-term improvement in either customer demand or costs.”7 @3 e/ c4 K; [: ?
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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。
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Ainsworth的CEO最后一句话值得我们深思。 |
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