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NEWS RELEASE
8 H# ?; G" F3 H0 I7 P- d* ?For Immediate Release
8 Y) W' Z) ~ O; q1 h9 N& e) g8 ~November 27, 2007
& @ H* t+ p' _0 o4 `+ D/ ^AINSWORTH LUMBER CO. LTD. (TSX: ANS)# Y8 I3 F7 L2 \/ q4 L7 f' a
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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6 `: `/ a( @3 X+ _9 _7 ~6 t/ wAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
0 n! n I1 x7 [Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before- U0 w8 H; u+ H* y. _5 N
year-end 2007 due to operating losses and reduced customer demand.8 G P) M& m" u. w# H w1 {
5 |6 s( [7 f* d' Z% e v- `/ uThe High Level mill employs 150 people and produces approximately 700 million square feet
2 J- G0 @/ u; r+ ^% i0 c/ E7 A: F# s(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide: V; r8 }8 h7 j! o+ B
affected employees with severance pay and employment transition services.
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
. d- u9 E) a, b" xAmerican housing starts and structural panel consumption coupled with considerable
- a) ^! g% d! A N+ }+ `operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
3 C4 y n) n5 S) S6 Ddue to the stronger Canadian dollar, high freight costs to key markets, and local electricity# |, m& \3 t1 b/ z' \+ }
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
+ L% @: w$ z- @9 G6 M! C& vforesee any short-term improvement in either customer demand or costs.”0 n6 {1 y* i: v- n r' {
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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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& V! r1 o9 \& G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。% ]/ d2 Z: r4 ~7 }
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Ainsworth的CEO最后一句话值得我们深思。 |
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