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NEWS RELEASE
) ?8 {, |% r4 h6 U) N5 H; D0 NFor Immediate Release6 [5 f4 O9 x% P1 m) u
November 27, 2007$ W( E5 x* {1 f$ d5 o4 Y
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
# e1 y: w% ^9 \% h( BAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL! G+ ~6 L% B$ t) q7 x2 _( Z
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
1 Z# o# C* t) e+ b% DFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
. t; Z. V/ n. Z3 s. a, jyear-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
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OSB production is expected to be curtailed effective December 20th. Footner will provide
e" ] i0 _5 gaffected employees with severance pay and employment transition services.8 {0 o, X9 j6 s
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“The decision to indefinitely close the Footner facility reflects the severe decline in North
8 a b6 @2 l9 i- w5 x1 \0 fAmerican housing starts and structural panel consumption coupled with considerable5 o& h( _9 r x( \
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
0 D3 V, o. Z0 y6 V# U' Idue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
c1 m, z2 l9 I9 q3 O9 ] Pand taxation rates have regrettably forced us to take this action. Unfortunately, we do not/ }+ c) Q9 N7 B& I( J/ F
foresee any short-term improvement in either customer demand or costs.”
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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。) h; D* f! @+ h
% b% e4 g3 m6 O/ d U. ~) l( ]4 ^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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