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NEWS RELEASE1 s( _! h9 H- V5 H3 W# C$ P: h( E
For Immediate Release
3 m5 ~+ |, \2 m" T% R- I; E. CNovember 27, 20071 t: k; E$ r+ z% E; b+ O' m
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
8 {/ D+ O6 |( I3 a1 S0 JAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 @" n1 _8 V% B
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
& L: N0 @3 b* x5 @3 N# yFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
3 ?9 B7 I5 H" }: D! Syear-end 2007 due to operating losses and reduced customer demand.7 h& y# m3 s1 C$ g# S
0 o6 G$ o4 F5 n ?; OThe High Level mill employs 150 people and produces approximately 700 million square feet
/ n- q! c( t1 F" d# X" S! h(3/8” basis) annually.8 _8 H' E/ i: ^( ]
$ I( r! s# m, b# iOSB production is expected to be curtailed effective December 20th. Footner will provide
- _' Q2 q" s3 d3 ~7 }& `% Saffected employees with severance pay and employment transition services.( F) A6 c' F* u# v
! O/ q$ E- T/ n“The decision to indefinitely close the Footner facility reflects the severe decline in North' s1 T) `: P# x# ]; {" s
American housing starts and structural panel consumption coupled with considerable
. L) L; K7 z- R# X, Z- Soperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
& h2 d- _+ R4 O! q3 N _9 C7 Kdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity4 v! m. ^8 A- b
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not5 h. p2 ?. g; z" W
foresee 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。$ ]! J6 v0 @4 g* T1 _& [
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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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