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NEWS RELEASE
2 f8 i: C, b& Y1 N. d+ NFor Immediate Release8 k* B$ t, p0 N' Y# J! r
November 27, 2007
, i- z7 Q$ o. X2 c) L9 cAINSWORTH LUMBER CO. LTD. (TSX: ANS)
5 N; N; @$ ?) P+ [, J3 }' V5 iAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 V0 Y3 l- x% j1 o$ ~
1 {6 O) s5 K9 y( cAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
' q9 m. H9 W2 I( N# e' H& DFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
; X/ \. r* _" U2 ]1 f6 I. dyear-end 2007 due to operating losses and reduced customer demand.) l) n1 N" P$ i* ?* a' |
. u5 |9 Y0 j/ t6 [3 d$ C0 K2 eThe High Level mill employs 150 people and produces approximately 700 million square feet
! k) n1 `9 v% ]1 M0 T) o9 k(3/8” basis) annually.* K5 h8 n% z" S; o" i( l
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OSB production is expected to be curtailed effective December 20th. Footner will provide& C* E! r2 A- o5 Y
affected employees with severance pay and employment transition services.
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
- \: X- o; t% v" P0 p# n9 ?American housing starts and structural panel consumption coupled with considerable, }+ {1 K4 a* n. x% e
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses. C- i4 g5 I. x/ L8 L) r- a
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
+ _- F& s, p( |: Kand taxation rates have regrettably forced us to take this action. Unfortunately, we do not% {. @% u/ l. \" x$ F
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。; P% _# e1 R$ j5 `1 O- S
" e& |6 `8 \( Y7 H4 f; D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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