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NEWS RELEASE
1 j, B* d; Y6 lFor Immediate Release
1 B; Y0 ?8 ~2 a* V6 ]0 N5 PNovember 27, 2007 C; w& U9 ~) o9 g1 [7 t0 z. H, B
AINSWORTH LUMBER CO. LTD. (TSX: ANS)& ~. M2 E% h/ C( P; }8 e; L7 U
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned- P6 {4 Z* I) \2 d" }
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
# [7 I! w) x" P1 B# T) t. Tyear-end 2007 due to operating losses and reduced customer demand.7 T0 V; u, i! e+ T
" g8 f0 u/ r4 Y0 j3 xThe High Level mill employs 150 people and produces approximately 700 million square feet2 O. M' L' t5 Z% U0 h R
(3/8” basis) annually.- Q) p! o' V3 D4 v5 `: @
" c. B8 A1 |$ M J. kOSB production is expected to be curtailed effective December 20th. Footner will provide
# d8 A. ~ C& f4 H) }affected employees with severance pay and employment transition services.! l, C. N' \$ U- ~' L2 r4 o
" e6 Q$ `6 N- x H1 s- q, R1 ^“The decision to indefinitely close the Footner facility reflects the severe decline in North
* b' S# k; @% {: n3 |- aAmerican housing starts and structural panel consumption coupled with considerable0 ?. s# c( h+ m) `5 F; \- T
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses- ?0 c1 H0 V, k) g. [
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity8 r- s- T9 w, k$ r) H' m# ~; E
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not9 m. P2 O7 S! q. j7 Q. A B
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。# _, S: L; x; X A
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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。* Y5 d/ w9 C H# J
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Ainsworth的CEO最后一句话值得我们深思。 |
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