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NEWS RELEASE7 _$ B1 ]3 }5 K+ Z T0 V
For Immediate Release
) j ^7 t& r6 X$ q$ x/ k8 eNovember 27, 2007
4 M- D' l! x6 n( W! oAINSWORTH LUMBER CO. LTD. (TSX: ANS)
7 Z3 ~2 U' M9 o& ?1 Q( B( I: l4 G+ P8 \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
3 s$ k+ E& W7 F) K" BFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
( w# s, L+ ?' z( J0 Jyear-end 2007 due to operating losses and reduced customer demand.
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6 L2 S5 |' A7 a( xThe High Level mill employs 150 people and produces approximately 700 million square feet
7 ~; F; Z8 F0 W" O; L(3/8” basis) annually./ o" N8 d) J3 G0 P1 [7 j& s5 _
: i+ h3 o/ e4 M5 e kOSB production is expected to be curtailed effective December 20th. Footner will provide3 _' h. k+ T8 a5 j! x8 Y3 @
affected employees with severance pay and employment transition services.0 [3 H4 L' d9 e# t9 M n! w
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
) ]+ u$ G6 ]$ e: |9 z$ n) J/ I# OAmerican housing starts and structural panel consumption coupled with considerable
A. x1 G- L0 ~operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
( k v6 }. ~" v; y3 n! X1 Adue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
" l- i* O$ X) ~* R# ^) m% `and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
- F# v# w; q7 f0 ^7 g6 i t& }foresee any short-term improvement in either customer demand or costs.”7 D7 f& U7 N, x( f5 c7 ?
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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。- G! x3 Q$ ~0 v$ ~ X
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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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