Ainsworth Engineered

Canada & BC Announce Funding for Canada-Tohoku Reconstruction Project

11.11.11 - TOKYO, JAPAN, Nov 10, 2011 (MARKETWIRE via COMTEX) — The Honourable Joe Oliver, Canada’s Minister of Natural Resources, the Honourable Steve Thomson, Minister of Forests, Lands and Natural Resources Operations for British Columbia, and representatives from Canada’s forest industry today announced $4.5 million for a Canada-Tohoku Reconstruction Project. “I am pleased to announce Canada’s support for [...]
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Ainsworth Announces 2011 Third Quarter Results

9.11.11 - Highlights Recorded positive adjusted EBITDA in third quarter Maintained strong cash position during the quarter Company recorded the best quarter in terms of safety Appointed Jim Lake President & COO upon the retirement of CEO Rick Huff Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its financial results for the third quarter of 2011. Adjusted [...]
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Ainsworth Announces Conference Call Notification for the Third Quarter of 2011

21.10.11 - VANCOUVER, October 20, 2011 – Investors and media are invited to participate in Ainsworth’s third quarter 2011 conference call. Jim Lake, President and COO and Chris Davies, Chief Financial Officer, will discuss the company’s third quarter results for 2011 followed by a question and answer session. The conference call will take place on Wednesday November 9, [...]
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AINSWORTH ANNOUNCES SENIOR MANAGEMENT CHANGES

9.9.11 - NEWS RELEASE FOR IMMEDIATE RELEASE September 9, 2011 AINSWORTH ANNOUNCES SENIOR MANAGEMENT CHANGES Vancouver, British Columbia (September 9, 2011) ̶ Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) President and CEO Richard Huff announced his retirement today. In his place the Board of Directors of Ainsworth has appointed Jim Lake, currently Vice President, Operations as President and Chief [...]
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Ainsworth Subfloor Wins R&D Award From Architect Magazine

25.8.11 - Jury Lauds pointSIX Flooring for Solving a Common Jobsite Problem Vancouver, CANADA (August 23, 2011) – Architect magazine has recognized Ainsworth with a 2011 R+D Award Citation for pointSIXTM Flooring, an engineered subfloor solution whose unique technology accommodates the effects of swelling due to moisture exposure. The prestigious R+D Awards honor architectural systems technologies that exemplify innovation. [...]
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Ainsworth Announces 2011 Second Quarter Results

8.8.11 - NEWS RELEASE August 5, 2011 Highlights > Export market sales grew to 38% of total sales from 7% in Q2 2010 > Recorded adjusted EBITDA of $2.7 million, at an EBITDA margin of 3.4% > Barwick OSB mill recorded best quarter of production since its purchase in 2004 > Maintained strong cash position during the quarter Vancouver, British Columbia – Ainsworth Lumber [...]
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Ainsworth Launches Best Framing Practices Video Series

27.6.11 - Innovative marketing campaign promotes educational videos Vancouver, CANADA – Ainsworth, a leading OSB manufacturer, has released a series of educational videos on best framing practices. Hosted by nationally-recognized green building expert John Wagner, the online videos are being widely promoted to builders and framers with traditional and non-traditional media techniques. Entitled “Tips for Seasoned Pros,” the series [...]
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Ainsworth One Of BC Forest Products Companies Contributing To Japan Earthquake Reconsturction

30.5.11 - Vancouver, May 30, 2011 – Under the umbrella of the Canada Wood Group, eleven forest product companies including Ainsworth Engineered Canada LP have jointly announced on May 16, 2011 that they will contribute an aggregate $500,000 towards reconstruction in Japan following the earthquake and tsunami on March 11, 2011. Ainsworth has been actively involved in Japan [...]
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Ainsworth Announces 2011 First Quarter Results

16.5.11 - Highlights > Recorded adjusted EBITDA of $6.4 million, at an EBITDA margin of 9.0% > Operated at above 90% capacity at its three operating mills > Acquired remaining 50% joint venture interest in 860 mmsf High Level mill and recorded a $72.5 purchase gain on the transaction > Sales in export markets increased 45% over Q1 2010 > Maintained strong [...]
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Ainsworth Announces 2010 Fourth Quarter & Year End Results

26.2.11 - Highlights Sales increased by $43.6 million from $285.9 million in 2009 to $329.5 million in 2010 Increased adjusted EBITDA to $53.7 million in 2010, up from $5.2 million in 2009 Expanded adjusted EBITDA margin to 16.3% in 2010, up from 1.8% in 2009 Took advantage of seasonal low in Q4 to complete significant operational upgrades Acquired remaining 50% of Footner [...]
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