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NEWS RELEASE
/ ~, \3 Z# U; v2 eFor Immediate Release
# ?; E7 n: ^2 B" bNovember 27, 2007
* ~) L: o/ y: q& u0 q0 n$ W: `AINSWORTH LUMBER CO. LTD. (TSX: ANS)
6 q) z5 h @8 k* YAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL. Y2 H8 i' F3 [& l6 o
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned7 k7 P- |1 X$ N
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before" |1 Q1 U3 A. T4 U+ B8 W n
year-end 2007 due to operating losses and reduced customer demand.8 X* V7 K" [' k m; G, z9 z+ ~ c: f; g
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The High Level mill employs 150 people and produces approximately 700 million square feet9 u/ t$ e! r! R$ q/ d. a
(3/8” basis) annually.
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1 _$ N/ E1 T4 P2 w' Z/ eOSB production is expected to be curtailed effective December 20th. Footner will provide% w- t2 }, c4 G, L- H8 c5 Z
affected employees with severance pay and employment transition services.7 p6 D% [8 ]+ j( O! C
" A- H/ c {" I“The decision to indefinitely close the Footner facility reflects the severe decline in North' I- M1 }2 U# A8 S6 d0 ?
American housing starts and structural panel consumption coupled with considerable0 U* |, F& p q' M" U+ }& x
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
/ ?2 G+ |' O8 B7 n0 E1 G8 Xdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
3 m1 ` E+ ?- ]9 v6 [8 l$ sand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
0 g( c/ Z+ F$ W9 G- U1 Mforesee any short-term improvement in either customer demand or costs.”
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6 S0 ]7 b7 s; ?) Z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。5 u9 G" g. x' {) V6 A% R2 l
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Ainsworth的CEO最后一句话值得我们深思。 |
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