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NEWS RELEASE
( E. k' M! v3 A3 y* i- CFor Immediate Release
2 y( |8 q ~( S7 v# W INovember 27, 2007
, T* t, p* n' @2 X9 q- f! eAINSWORTH LUMBER CO. LTD. (TSX: ANS)
: Z' b( F' a8 n8 D4 qAINSWORTH ANNOUNCES INDEFINITE CLOSURE OF HIGH LEVEL OSB MILL
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" q! K, ?* s0 j$ uAinsworth Lumber Co. Ltd. today announced an indefinite closure of its jointly-owned6 C) T. ?0 [- z$ `6 d2 U/ ?
Footner Forest Products Ltd. oriented strand board (OSB) mill at High Level, Alberta before
* J1 I, @8 |7 Byear-end 2007 due to operating losses and reduced customer demand.+ k M7 B3 @) s
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The High Level mill employs 150 people and produces approximately 700 million square feet. j0 z0 [6 v- F1 t
(3/8” basis) annually.& H1 k2 P* n4 ~4 H$ {
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OSB production is expected to be curtailed effective December 20th. Footner will provide
$ Q+ F" A* s6 d: B$ maffected employees with severance pay and employment transition services.+ A! ?. L2 t( `5 t4 {0 g
& e$ A) I# A6 ]. I+ r8 E“The decision to indefinitely close the Footner facility reflects the severe decline in North0 J/ c( R+ e5 X l5 E. p* @7 [
American housing starts and structural panel consumption coupled with considerable2 u+ Y2 N) t: G
operating cost challenges”, said Brian Ainsworth, Chairman & CEO. “The continued losses9 O# F# }, h0 ]: }5 d$ `
due to the stronger Canadian dollar, high freight costs to key markets, and local electricity
2 E7 _' h9 o; r4 [$ zand taxation rates have regrettably forced us to take this action. Unfortunately, we do not
2 d1 |4 a, @5 B5 Q0 i0 Hforesee any short-term improvement in either customer demand or costs.” F5 F8 q' q; \" ~+ d/ k
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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。7 }' f( m: [: B d9 B
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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。
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Ainsworth的CEO最后一句话值得我们深思。 |
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