News & Announcements
Ainsworth Completes The Acquisition Of The Remaining 50% Of Footner OSB Mill In High Level, Alberta
17.2.11 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has completed the purchase of the remaining 50% of Footner Forest Products Ltd. (“Footner”) and its oriented strand board (OSB) facility in High Level, Alberta from Grant Forest Products Inc. Ainsworth now owns 100% of Footner. The purchase price [...]
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Ainsworth And CanWel Sign National Agreement For Canadian Distribution
19.1.11 - January 19, 2011
AINSWORTH AND CANWEL SIGN NATIONAL AGREEMENT FOR CANADIAN DISTRIBUTION
CanWelBroadleaf now exclusive distributor for Ainsworth pointSIXTM Durastrand Flooring
Vancouver, CANADA — Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has signed a multi-year agreement with CanWelBroadleaf to be its exclusive supplier of the company’s oriented strand board (“OSB”) enhanced subfloor product [...]
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20.12.10 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has entered into an agreement with Grant Forest Products Inc. to indirectly acquire the remaining 50% interest in Footner Forest Products Inc. (“Footner”) and its oriented strand board (“OSB”) facility in High Level, Alberta for CDN $20 million. If [...]
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Ainsworth Achieves Chain Of Custody Certification
20.12.10 - All Ainsworth mills now SFI, PEFC certified
Vancouver, CANADA — Ainsworth® has achieved certification under the Sustainable Forestry Initiative (SFI) program at all three Canadian mill operations. All Ainsworth wood products are now available Chain of Custody certified under SFI and also the Programme for the Endorsement of Forest Certification schemes (PEFC).
Ainsworth engaged KPMG Performance Registrar [...]
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Ainsworth Announces 2010 Third Quarter Results
5.11.10 - Highlights
Recorded fifth consecutive quarter of positive adjusted EBITDA
Adjusted EBITDA margin of 10.9% in Q3 2010 compared to 3.3% in Q3 2009
Secured long-term labour agreements at all facilities during the quarter
Maintained strong cash position through the third quarter
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its unaudited financial results for [...]
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Ainsworth Announces Conference Call Notification for the Third Quarter of 2010
21.10.10 - VANCOUVER, British Columbia – Ainsworth invites investors and media to listen-in to its third quarter 2010 conference call. Rick Huff, CEO and Chris Davies, CFO, will discuss the company’s results for the third quarter of 2010.
The conference call will take place on Friday November 5, 2010 at 10:00 a.m. PDT (1:00 p.m. EDT).
The dial-in phone number [...]
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Ainsworth Launches Educational Marketing Campaign
7.10.10 - White paper and webinar educate on science of OSB and edge swell
Vancouver, CANADA — Ainsworth® has launched an educational marketing campaign to help builders understand the science of OSB, why it swells and how to reduce or eliminate edge sanding. Primary educational components include an on-demand webinar and a white paper, both available online through [...]
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Ainsworth Announces New Labour Agreement with Unionized Workers at 100 Mile House Mill
24.8.10 - NEWS RELEASE – Friday, August 20, 2010
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has reached a new four year labour agreement with unionized workers at its mill in 100 Mile House, British Columbia. Members of the Pulp, Paper and Woodworkers Union of Canada (PPWC), Local 9, [...]
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Ainsworth Announces New Labour Agreement with Unionized Workers at Barwick, Ontario Mill
24.8.10 - NEWS RELEASE – Friday, August 20, 2010
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has reached a new 4 year labour agreement with unionized workers at its Barwick, Ontario mill. Members of the Communications, Energy and Paperworkers Union of Canada (CEP), Local 324-99, ratified the agreement late [...]
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Ainsworth Announces 2010 Second Quarter Results
5.8.10 - Highlights
Company was well positioned to benefit from period of high OSB prices in first half of 2010
Recorded fourth consecutive quarter of positive adjusted EBITDA
Adjusted EBITDA margin of 35.4% in Q2 2010 compared to -1.3% in Q2 2009
35.7% growth in sales relative to Q2 2009 as a result of increased OSB prices
Cash balance increased by $22.0 [...]
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