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NEWS RELEASE+ ]* q1 K9 V5 t0 Y# ^; O
For Immediate Release
4 u( O3 G, b$ C2 O/ qNovember 27, 2007
4 F% e8 \ P0 r) x% N! |4 c( WAINSWORTH LUMBER CO. LTD. (TSX: ANS)1 I8 a/ q" {, `! G8 D8 r
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL; v0 m/ d! b2 J2 B
% h; B! A w0 Y" z8 TAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned: t7 g3 h \1 \) h% H$ Y' P% j
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before% j) V2 s5 \4 G% z
year-end 2007 due to operating losses and reduced customer demand.& i" c1 c: k- C8 c) Y6 T5 p0 m
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The High Level mill employs 150 people and produces approximately 700 million square feet' b3 q0 [5 v3 f, S5 p- C! y
(3/8” basis) annually.- B* ^" f) g+ r& z" B9 f
! U/ I$ X) S1 v8 vOSB production is expected to be curtailed effective December 20th. Footner will provide
. n' W( S! z8 g0 [7 C; O# L% g% eaffected employees with severance pay and employment transition services.# z7 O+ @ j5 j8 p8 d" ~
; {' \; ~) u. n“The decision to indefinitely close the Footner facility reflects the severe decline in North. w2 P/ M; [, y( N
American housing starts and structural panel consumption coupled with considerable
: g; q* U; N' N+ d9 X/ z5 o$ ~+ loperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
( Z7 S- v6 ]$ n: S8 jdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
! S& c0 r% P: ], B% O, Tand taxation rates have regrettably forced us to take this action. Unfortunately, we do not5 b( x' F/ J: p' v5 n2 p ]
foresee any short-term improvement in either customer demand or costs.”' Q) Y5 I% m: |
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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。, c6 M! d1 l* a6 o5 w
8 ] e v9 O F( m7 f- |+ ?, u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。6 ?0 I& D" C2 |8 Y) y$ J3 F
4 M% t" @* ~* q6 `Ainsworth的CEO最后一句话值得我们深思。 |
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