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NEWS RELEASE5 F$ q$ o' d: U: d4 U' j6 x4 X4 Q
For Immediate Release
+ e5 |' ~. r t2 T6 m' w/ v. vNovember 27, 2007
( e% m! p: c8 x: N; x# g6 u. M" EAINSWORTH LUMBER CO. LTD. (TSX: ANS)
( L: [/ w. k) D; {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
( a5 O5 [9 S5 Q; BFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before$ ]% w# i: C& N8 Z4 r
year-end 2007 due to operating losses and reduced customer demand.
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; U8 [) ~( v- V$ z8 Y9 T! n Q JThe High Level mill employs 150 people and produces approximately 700 million square feet8 T! \* f3 P3 B, n- \6 v6 w8 ~
(3/8” basis) annually.
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6 z5 s& @& d+ `" \* P3 b) y+ POSB production is expected to be curtailed effective December 20th. Footner will provide
. h: Z/ K/ g1 a! ?# f, i Yaffected employees with severance pay and employment transition services.4 p4 D* }8 R, s
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
, P2 W% t3 I; KAmerican housing starts and structural panel consumption coupled with considerable
( s% w( o1 `9 Moperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses1 @, f) n% @# N; D
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity E$ s5 @( o3 z3 ^0 B: v4 v
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not6 C( L4 U' P! i' ?
foresee any short-term improvement in either customer demand or costs.”9 W4 }% M9 ], a0 t0 F2 T4 K8 G
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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。3 y2 m$ r! ]0 t. N$ T( t5 [1 c3 g
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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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Ainsworth的CEO最后一句话值得我们深思。 |
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