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NEWS RELEASE
1 r. g3 T5 A# ~, l: JFor Immediate Release
& A9 U. ?2 {% s4 aNovember 27, 2007
) e( g0 {$ G/ N+ q/ ?: h. GAINSWORTH LUMBER CO. LTD. (TSX: ANS)
) M# l7 ]; J% w8 }- [AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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]" j/ k# s/ aAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
6 i, J& F' r2 _! } uFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
) [5 ~) z/ u% |" e; W4 } M+ ]' `year-end 2007 due to operating losses and reduced customer demand.
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$ O( H9 B. f6 vThe High Level mill employs 150 people and produces approximately 700 million square feet
# a/ v7 S; E. N(3/8” basis) annually.
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5 o7 \* V L! `- GOSB production is expected to be curtailed effective December 20th. Footner will provide
2 T0 b8 k' [# E+ D# Iaffected employees with severance pay and employment transition services.+ U: \$ t# h- K
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
: l6 y% ^' p( W/ tAmerican housing starts and structural panel consumption coupled with considerable
3 S( N! g' I* c% C. Q6 m$ Y. |operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses( P, {8 n% T4 M" _
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
$ F8 o( B% D4 v( O3 Yand taxation rates have regrettably forced us to take this action. Unfortunately, we do not8 k$ s; y& f2 R& M5 S
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。7 u/ w% c& g3 R: m7 L: t
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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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7 I% E$ w: B( S0 I8 O! wAinsworth的CEO最后一句话值得我们深思。 |
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