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NEWS RELEASE+ |5 F9 f* X/ `
For Immediate Release7 s$ Z# P+ c4 ]# f
November 27, 20079 N8 _$ l2 P7 R3 I8 i2 h
AINSWORTH LUMBER CO. LTD. (TSX: ANS)
; {) M7 v4 |, x$ ^AINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL3 t* N$ \2 w1 w
/ n% ]" u! x, t+ A' RAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned' t' m6 ?+ z3 z. C
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
$ U2 ^+ L% y& M2 Cyear-end 2007 due to operating losses and reduced customer demand.( |( e8 j2 p; v+ S! z' t2 c1 S
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The High Level mill employs 150 people and produces approximately 700 million square feet2 Q( ~8 ?, G# m) w8 b
(3/8” basis) annually./ A0 n% x2 o7 C+ D3 E( L) Q
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OSB production is expected to be curtailed effective December 20th. Footner will provide* p! r* ~2 x/ h6 y2 Z- p) B. b; r
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
/ J$ j7 {. {7 C$ M0 \* i$ c$ d6 XAmerican housing starts and structural panel consumption coupled with considerable7 z6 K/ [' A1 Z5 J Y
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses
, O+ E1 D! K! ] i- @) Z; ldue to the stronger Canadian dollar, high freight costs to key markets, and local electricity+ j4 q* Q8 y5 X% I( l
and taxation rates have regrettably forced us to take this action. Unfortunately, we do not/ o. ^4 M" n7 T* W& Y: p8 Q, Q
foresee any short-term improvement in either customer demand or costs.”5 c( i6 t0 V$ t
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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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9 ^4 s( {9 N4 l) T1 d0 f5 l; V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。' q$ Y+ R( `) W+ z7 o
4 G* x' s) c1 ^% z8 TAinsworth的CEO最后一句话值得我们深思。 |
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