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NEWS RELEASE
3 w: Z* r( ?4 _- m5 n7 C2 ~! mFor Immediate Release+ k( c7 o! n) H/ y7 ?. h
November 27, 2007
; o. s3 S2 V3 t% O0 o9 t. F1 hAINSWORTH LUMBER CO. LTD. (TSX: ANS)/ r; W6 s" {1 @2 S7 C
AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL/ b% N* c/ ^2 R9 A! a8 w( q5 n: v
2 j8 Q% l7 c8 Z, nAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned
$ z6 P) \3 \- M! O. o ~; dFootner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before- z9 p/ y" d, A1 x6 b; B3 A
year-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+ a- h* k( @* S! u6 D, u. K) \5 ^5 k
(3/8” basis) annually.' Q% y6 H+ G; v* e- F
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OSB production is expected to be curtailed effective December 20th. Footner will provide! e0 [0 }; m2 q. l" U6 K2 Z" S
affected employees with severance pay and employment transition services.8 d( Q$ V6 D- H/ e4 e
7 j" D; _5 K# W; U: w7 I“The decision to indefinitely close the Footner facility reflects the severe decline in North3 M& t5 d5 D2 |* {
American housing starts and structural panel consumption coupled with considerable# l T7 j- t0 |* ^/ R% j) ?
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses! L! H- Q: d3 i. M
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity" v$ w9 ^! |8 g. H5 F' {3 ^8 D
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not
, r) ]$ M( U7 `; wforesee 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。
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g5 n5 ?4 i+ [6 {/ T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。7 t* i( C) \" k2 x
- ]$ b$ ~/ q3 T; r+ e4 |Ainsworth的CEO最后一句话值得我们深思。 |
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