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NEWS RELEASE. F3 p9 d X: s9 v
For Immediate Release# W2 w: _4 s3 Y( T4 o1 e' R0 i0 j
November 27, 2007
$ @5 H6 _% J+ j. k8 v3 S8 \AINSWORTH LUMBER CO. LTD. (TSX: ANS)
- e0 \6 l, M4 L& qAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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; W e( y! F& `6 p8 S& l. ^Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
1 ~# E' K; [# K5 FFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
8 X _$ I6 T! F. ^. iyear-end 2007 due to operating losses and reduced customer demand.
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0 B+ t7 d" O; Y0 w$ pThe High Level mill employs 150 people and produces approximately 700 million square feet
0 ~5 W0 o2 W8 a r, z O3 n(3/8” basis) annually.
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J8 G1 D( i, b& ?* YOSB production is expected to be curtailed effective December 20th. Footner will provide
# B G) b$ A1 h! {- uaffected employees with severance pay and employment transition services.$ p) S4 M" y: c" r: g4 S$ p
9 `5 j6 S# ?$ A0 Q1 G“The decision to indefinitely close the Footner facility reflects the severe decline in North
4 _; L9 p' ~% [American housing starts and structural panel consumption coupled with considerable
9 `2 }/ ?- S7 a' k- J1 z* Ooperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
' i2 ?6 @+ w8 j0 W* |9 _due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
* i: V' h- w) J0 a6 Cand taxation rates have regrettably forced us to take this action. Unfortunately, we do not2 B0 v; U+ X6 j2 U
foresee any short-term improvement in either customer demand or costs.”8 \: U1 H' f) B8 R3 [! ~4 X( B/ h
4 h$ u) P' A9 }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。% a8 j+ ] p. }9 u$ a9 w
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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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