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NEWS RELEASE
( a. l! ^$ p G' h: v! i5 V% wFor Immediate Release
9 w i) ?: W+ ^November 27, 2007, O8 \5 G" Z1 w0 F& V; {$ J
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
& r4 N, R( e* l, T0 B% WAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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! d% y! ~4 i+ o G/ i9 MAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned+ ~7 g4 G% w) Y. O* _/ h3 |8 Y
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
2 S; s2 M# n/ jyear-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet
. ?4 n: Z2 [9 x, \4 Y0 o4 C(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide" c$ \7 D* ?) V
affected employees with severance pay and employment transition services.3 v+ K' `1 D- A' v3 k8 U
& x( I& U0 m8 U" O“The decision to indefinitely close the Footner facility reflects the severe decline in North% Z0 @8 x) k' F9 ^6 L0 E0 M, W
American housing starts and structural panel consumption coupled with considerable
% Z" X: O& X1 V7 loperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses$ [' X$ M3 z: Q, P* @; P
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
" R) ^2 {9 K+ i" K6 Y, d# Uand taxation rates have regrettably forced us to take this action. Unfortunately, we do not$ t* a% C( f5 K7 u" I
foresee any short-term improvement in either customer demand or costs.”
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$ q7 _- P' q9 P2 V3 l0 X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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6 J! Y! q4 k) S& t; M& I9 Y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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# u, V7 k1 _; c8 _) j5 EAinsworth的CEO最后一句话值得我们深思。 |
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