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NEWS RELEASE
4 v* a0 H" h0 x1 P1 b' N uFor Immediate Release
* H. p' v& J- KNovember 27, 20070 P, V" F/ i: N8 K' F2 z3 j
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
9 A7 ?/ n( H& Y' x8 r. pAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL7 ~5 S3 G, F3 Q$ F" J+ S
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
1 R$ T/ n1 k8 M5 v# c; ~; T+ G0 \Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
! I: a( z' v' P0 [4 A. Hyear-end 2007 due to operating losses and reduced customer demand.( A7 H$ t1 @" Z, ~. R3 d0 ]7 H
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The High Level mill employs 150 people and produces approximately 700 million square feet' |. E- g* z6 S
(3/8” basis) annually.5 w% s6 m) Y9 E( v8 x
$ B! N5 I: {) @- BOSB production is expected to be curtailed effective December 20th. Footner will provide" k- o6 m1 v% ?
affected employees with severance pay and employment transition services.. W/ _% Z, [5 m& I: J
1 n9 P. m8 a9 K" M/ }3 t“The decision to indefinitely close the Footner facility reflects the severe decline in North
% ?+ G5 `5 U d m& Y+ KAmerican housing starts and structural panel consumption coupled with considerable
+ G0 D5 m" Y5 T- Y& o9 G7 [5 noperating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
" J8 k- i# z4 C( sdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity' j0 k* [6 j/ Y1 {' R
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not7 U- D7 |/ P% i. i7 P& u
foresee any short-term improvement in either customer demand or costs.”) F2 A% Y: f/ E F2 ~
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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。
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$ ?, F, l+ t6 O3 t9 Z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。" u/ \7 B6 u ^9 f* V2 }0 H
' A1 T. Q6 f2 s' n+ j- ]Ainsworth的CEO最后一句话值得我们深思。 |
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