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NEWS RELEASE
- J3 Q/ u j, I* a. b( h dFor Immediate Release
7 d5 @; t* I; sNovember 27, 2007
; s3 G# C( b) }, f5 W( X0 c' `AINSWORTH LUMBER CO. LTD. (TSX: ANS)1 P8 ]* K3 d$ c2 g2 s# u, a- f: c( C
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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( K7 N% y0 A+ k$ O' u1 g# ?Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
' |0 r# h8 J+ O0 B j) p4 AFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
8 z% M: g0 p* C3 qyear-end 2007 due to operating losses and reduced customer demand.2 k. {0 m' A% m8 ?( d' x/ ~2 V+ |
5 m4 `# I2 u5 L: A. v) aThe High Level mill employs 150 people and produces approximately 700 million square feet4 H2 ]- M, J0 C
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
$ ~6 a( w% r+ C6 H% g# ~affected employees with severance pay and employment transition services.! z4 u/ L8 |7 \) }$ L
3 I1 F$ t/ d' j0 N9 v2 y“The decision to indefinitely close the Footner facility reflects the severe decline in North
& |7 |$ o: L9 ~7 w# G- v a$ nAmerican housing starts and structural panel consumption coupled with considerable! u) D6 E' n7 H9 T/ M) C- r' t' G2 H
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses" y0 C" @: K! z+ A h
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
! N- T- k, \2 t. N) U2 }4 f4 Sand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
* n$ I- S# L- x9 L2 U8 y+ X1 ^; Iforesee any short-term improvement in either customer demand or costs.”
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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。- k- f5 T+ I1 i+ e9 D, B
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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。0 i- L6 j ?# v0 k6 A+ s9 V; _$ l( G
' ~4 y1 Z9 b0 ^2 Y+ XAinsworth的CEO最后一句话值得我们深思。 |
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