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NEWS RELEASE
) k$ Y) v4 _. H3 [4 I! IFor Immediate Release) r+ Y+ U$ i7 }5 s9 g
November 27, 2007
' _, l5 A" i/ j7 P* |6 g% C) RAINSWORTH LUMBER CO. LTD. (TSX: ANS)
9 {9 e2 x5 j+ M7 UAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL8 _# S7 T, h" ^4 f F# r9 M
( K7 k' w2 B: h( T" U6 f6 qAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
8 s) g& H* X9 w, x) YFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before3 r( A7 S0 A' m6 |* n0 u, F* A
year-end 2007 due to operating losses and reduced customer demand.
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! y: R5 U4 f O0 \3 {The High Level mill employs 150 people and produces approximately 700 million square feet
- o% G9 z T6 Y1 O5 x& a(3/8” basis) annually.
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OSB production is expected to be curtailed effective December 20th. Footner will provide
- ~+ j& ` W( T: o. @1 xaffected employees with severance pay and employment transition services.8 E( G0 |) u+ L
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“The decision to indefinitely close the Footner facility reflects the severe decline in North8 n$ z. f8 D8 m4 B# ~
American housing starts and structural panel consumption coupled with considerable! h4 a6 |7 u! q$ ~
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
|( A& I3 Z8 c: ddue to the stronger Canadian dollar, high freight costs to key markets, and local electricity$ v* v* \5 D! P* ?" ]
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not* l6 O9 `0 j. ^7 e a5 S
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。0 b% |, X0 N S9 |
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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。: K6 D) @4 r0 W- U- t8 `
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Ainsworth的CEO最后一句话值得我们深思。 |
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