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NEWS RELEASE# {8 D1 i8 ]1 j) O9 q# l. E" U
For Immediate Release/ k ~. L7 E) D1 u. p7 H
November 27, 2007' e3 w2 d$ y9 F- Q" V% ?0 A( `# y4 X
AINSWORTH LUMBER CO. LTD. (TSX: ANS)& w" q% q0 b0 U( r8 C1 Z" F) e/ e
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL8 b/ y: s$ E3 t! K% m
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
3 j7 E6 S! }( f, K" Q0 t# s+ ~Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
1 s3 j" `: K; m6 F( s* G, gyear-end 2007 due to operating losses and reduced customer demand.
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The High Level mill employs 150 people and produces approximately 700 million square feet
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OSB production is expected to be curtailed effective December 20th. Footner will provide- D* c: }! F# E% b( w
affected employees with severance pay and employment transition services.* X& _, e! U" g+ s& K& Q
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
* d/ `% D' l' sAmerican housing starts and structural panel consumption coupled with considerable4 y9 {( ^0 R) D x
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
* Y3 `' x- g" Qdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
. m2 c- W( }2 P* V: G3 nand taxation rates have regrettably forced us to take this action. Unfortunately, we do not, \3 M+ I0 k \, @% k* M
foresee any short-term improvement in either customer demand or costs.”) E9 M+ d ^( R1 y. E
" A8 v, Z0 V+ L5 f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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Ainsworth的CEO最后一句话值得我们深思。 |
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