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NEWS RELEASE
3 d' Z5 Z% }: d* O3 n* K r# {% @For Immediate Release) _/ h% o3 C$ B S
November 27, 20071 F M G/ B! R. q8 A9 d
AINSWORTH LUMBER CO. LTD. (TSX: ANS). N4 F5 ~3 J( l! Q6 T8 @
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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3 {& L1 M; ?5 o% z8 j& jAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned# t9 k' ~3 d' X! ~
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
1 _$ P7 _( w: syear-end 2007 due to operating losses and reduced customer demand.: b E% x! o+ X4 ? s# _6 ~
6 F, X. i" t8 I1 r7 Y* \' CThe High Level mill employs 150 people and produces approximately 700 million square feet) N( n( O. n9 |
(3/8” basis) annually.; b1 N$ j( h" h1 ?0 w
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OSB production is expected to be curtailed effective December 20th. Footner will provide2 y% i; R b L$ Z* I
affected 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' S0 [1 g8 X/ f8 k- `0 L8 D5 M3 g
American housing starts and structural panel consumption coupled with considerable
: R: h7 j4 h, t( ~9 |( D2 Koperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
. X1 A& E- A0 ]* V# C1 ?due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
$ Y, I, I+ K5 ^% M# h, N" Nand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
4 D+ {. v( q+ K! V# w. Nforesee any short-term improvement in either customer demand or costs.”
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* w9 n F- U& h# `: K3 Y" L" c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。; k2 _4 W5 T+ ^" c j, U
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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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