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NEWS RELEASE" U6 ]* v8 q' e- K& u2 e
For Immediate Release1 W- r$ n- @$ A# Y/ P& ]3 l5 I
November 27, 2007
9 H1 _6 D3 i2 l- H! hAINSWORTH LUMBER CO. LTD. (TSX: ANS)
* s9 H# e+ N: ?+ TAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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0 f+ S, I0 Z5 @- m/ NAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
) S5 q& L2 o# E5 k# LFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before/ S+ G3 }% g" u1 {* `2 [7 _+ N
year-end 2007 due to operating losses and reduced customer demand.2 Z7 U( r, C6 `! i% l- q
4 h- {' J- G0 W) L: t8 z* zThe High Level mill employs 150 people and produces approximately 700 million square feet
+ Y3 U) j A2 r/ \7 c7 e(3/8” basis) annually." L( `6 i& Q! }6 N
/ r% |& f% O3 X8 `% `5 {) u" y* SOSB production is expected to be curtailed effective December 20th. Footner will provide
" z% ~5 `3 R8 }% F8 @affected employees with severance pay and employment transition services.- Z7 o6 a9 x% k7 ^+ v+ `0 o/ _" J7 P
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“The decision to indefinitely close the Footner facility reflects the severe decline in North& z3 R4 u8 y1 V/ C# F3 j0 L0 x. X
American housing starts and structural panel consumption coupled with considerable
3 }% l0 ^7 _: H# T xoperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
3 D3 t& h( ]( K a1 Ldue to the stronger Canadian dollar, high freight costs to key markets, and local electricity, i$ O( o6 F1 ~" N ^
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not) ^% P2 H2 R( v- @
foresee any short-term improvement in either customer demand or costs.” E1 \3 U' R7 f5 u
6 f+ {' [, P. N; H0 q! |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。 R/ {3 D7 G2 Y9 d9 w4 [2 b
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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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' V& \; W8 t/ |- w+ L. b/ sAinsworth的CEO最后一句话值得我们深思。 |
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