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NEWS RELEASE
6 }; @; M) W( H0 A7 P9 JFor Immediate Release
/ p7 e: i) {" V- r& N* mNovember 27, 2007
: A( b2 W, U; g/ C+ L yAINSWORTH LUMBER CO. LTD. (TSX: ANS)0 a4 C3 v6 m3 b) `4 }
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL1 \/ N0 r* {& O) _1 }7 s# v: O& s
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Ainsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
2 @, A& G- `/ E7 Z% r, }Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before" k2 u% E1 v; ?4 F
year-end 2007 due to operating losses and reduced customer demand.
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3 T: O+ S; M8 X4 ^6 w& M7 yThe High Level mill employs 150 people and produces approximately 700 million square feet& _, G6 i5 v8 z" t
(3/8” basis) annually.
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0 h! }+ \ w/ ?+ oOSB production is expected to be curtailed effective December 20th. Footner will provide* J) |5 Y5 I9 a, z0 t
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
* Q9 A ^, j7 `# }American housing starts and structural panel consumption coupled with considerable" s/ e6 d7 L6 N! Q$ {/ ]9 X
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
6 ?* y9 Z! y3 o% s3 Fdue to the stronger Canadian dollar, high freight costs to key markets, and local electricity
' {% K& O: J- Q7 C: ?6 Land taxation rates have regrettably forced us to take this action. Unfortunately, we do not W( n4 Q6 F+ s, Z- {0 X
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。1 M# i9 e% c& \; r; s
, B8 O1 g# `; T" E5 C/ x* P; S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。$ M( p/ `( ~; Q2 g, T
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Ainsworth的CEO最后一句话值得我们深思。 |
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