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NEWS RELEASE! p" V2 ^) g; I& d
For Immediate Release" w, b* c" D- @. Y
November 27, 2007
6 n+ F+ J+ O2 Q5 v6 cAINSWORTH LUMBER CO. LTD. (TSX: ANS)% P6 V6 B' I* [
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL. \' K9 w" z, j7 A1 q8 _
# q! j* d" d3 g$ p# w" PAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned2 O# \9 f- z2 E2 k/ x9 Y! H. ~! u
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
7 C4 W' M! n; w( X& s# Y, @2 [year-end 2007 due to operating losses and reduced customer demand.8 ^5 n! H; P0 K3 {6 q
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The High Level mill employs 150 people and produces approximately 700 million square feet$ V3 t$ E# o d1 u, d5 M3 O0 x7 R
(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
, t! a# h, p i) j2 Saffected 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$ O1 q+ o* {9 d. H& Q" a! Q* ?/ j3 }
American housing starts and structural panel consumption coupled with considerable
! a* e# @2 f- w" h, }operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
) ~0 A+ K* o c: Z/ T: `. {" ~due to the stronger Canadian dollar, high freight costs to key markets, and local electricity( z0 {9 }5 _! O$ q3 Y/ m: m
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
' a9 ]1 o0 R3 ^% Eforesee any short-term improvement in either customer demand or costs.”4 h+ d2 C4 K9 z; g
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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。$ O$ s0 t! ^! z6 ~
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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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