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NEWS RELEASE
$ S2 Z0 c7 D. V! ^ Y' kFor Immediate Release8 o& `/ r7 K" G$ k+ M
November 27, 2007
- ?7 k% c8 X: p- ?- PAINSWORTH LUMBER CO. LTD. (TSX: ANS)+ Z' s( p/ z. X* ^
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL- [4 y3 `2 U7 q; c8 b1 r& ?* ?+ y
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
5 e% U3 ?% C/ C- b- o5 [1 V" cFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before% s* c* `( k1 B( |3 G' P6 t( t
year-end 2007 due to operating losses and reduced customer demand.; S" f$ B. L& V. j* a8 o% w$ ?
& `( g7 |7 B& U. R& \) o) g# K* S: GThe High Level mill employs 150 people and produces approximately 700 million square feet
6 L/ n8 E" }" E0 k: N(3/8” basis) annually./ A) X' E1 [7 E. s! A1 g. ?
" x9 q+ p4 [) n" ]' C. ZOSB production is expected to be curtailed effective December 20th. Footner will provide b2 K& ]+ {" K" K- v, a$ m$ ]
affected employees with severance pay and employment transition services.
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& }: x3 T# s1 ?/ m( S% _$ }1 X“The decision to indefinitely close the Footner facility reflects the severe decline in North
- O5 A z) ~" S2 {American housing starts and structural panel consumption coupled with considerable8 L- P, H0 z6 ?$ M
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses; I! f X: ?- e# [$ }7 o
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity0 H; _) G: [' f; o5 G" O: e: d% Y
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
& @3 Y: I% f# Xforesee any short-term improvement in either customer demand or costs.”
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5 u" I* h, c- I% |8 J8 @, c+ 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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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。4 u0 N' m9 Q& u* I2 p
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Ainsworth的CEO最后一句话值得我们深思。 |
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