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NEWS RELEASE
( O+ W0 _- O' k( RFor Immediate Release2 M! p& f* M7 Z; P9 ~
November 27, 2007" F* J# [8 X0 ?: T
AINSWORTH LUMBER CO. LTD. (TSX: ANS)) {6 G9 V+ t# }3 Q! U( M0 y! G6 {
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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0 k* ?. u* ?. V* K2 LAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
6 h2 k* a0 U, l* a2 \# sFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before' [ i& \2 K- f) U1 }, S, z
year-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+ w* _7 n5 m, ?, p2 j+ B/ a
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
1 {% K* k7 P- E) raffected 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: P% f! m8 P& dAmerican housing starts and structural panel consumption coupled with considerable2 p: I+ ], u" c. P
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
3 p+ C) a0 K6 K9 C0 H. rdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity- d5 h1 @. j* \9 ~5 j
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not* T. t1 Y1 `# i) e6 N
foresee any short-term improvement in either customer demand or costs.”( c( \, r' @ i* t2 B
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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。6 f- _2 B+ q, q% d+ y/ Q
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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。) P' {8 o8 f' t* G
( Q) r$ o. C2 g/ w$ GAinsworth的CEO最后一句话值得我们深思。 |
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