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NEWS RELEASE: Z% u1 c6 `( d( v- W/ {- {1 l
For Immediate Release
) D$ x1 ^1 W$ |& ^5 f6 BNovember 27, 2007
5 f# E. F2 A P+ h$ x+ O5 DAINSWORTH LUMBER CO. LTD. (TSX: ANS)& @) p( u! t6 C! [ o5 o$ F4 Q
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 {- {8 \9 N0 f- ^. d- Z' c
+ f z1 R, Z% @6 w- w' y7 N7 q' K, nAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
N# @+ Q) m" \- m# k. ^+ z1 r, I% \Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
4 r0 @4 A; h" ]5 r4 zyear-end 2007 due to operating losses and reduced customer demand.
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# p2 ]3 c \" mThe High Level mill employs 150 people and produces approximately 700 million square feet X; \0 L: E# p( Q$ E
(3/8” basis) annually.8 |, K8 R! n' m% r# R
: i7 G, B: e, z! s3 G7 iOSB production is expected to be curtailed effective December 20th. Footner will provide
2 F( W" F( D9 Y8 J- d7 m) }2 q7 l8 Jaffected employees with severance pay and employment transition services.. c3 ~# O/ m* W' _' M/ e- g
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“The decision to indefinitely close the Footner facility reflects the severe decline in North# H/ S; ]9 I2 u: O
American housing starts and structural panel consumption coupled with considerable
* T7 v* J! h$ L/ a. _0 t6 \1 Moperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses8 Q0 E n+ E6 K2 z1 {: q
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
- C8 q$ U4 B+ c5 m% Dand taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 [5 Z, o) {/ f, [7 B
foresee any short-term improvement in either customer demand or costs.”
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5 M' R/ g% {# M( f1 @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。
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5 j3 K, J; X$ s+ \0 gAinsworth的CEO最后一句话值得我们深思。 |
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