Ainsworth Completes the Acquisition of Chatham Forest Products Inc.VANCOUVER, British Columbia -- Ainsworth Lumber Co. Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ANS (ANS Communications, Inc, Purchase, NY) An ISP, Internet backbone and provider of private data network services, founded in 1990 as Advanced Network & Services, Inc., by IBM, MCI and Merit (consortium of Michigan universities). ) ("Ainsworth") today announced that it has completed the acquisition of Chatham Forest Products Inc. ("Chatham"). Chatham holds an air emissions permit and property rights for a proposed oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations. ("OSB") project in Lisbon, New York Lisbon is a town in St. Lawrence County, New York, United States. The population was 4,047 at the 2000 census. Reportedly the town is named after the capital of Portugal. Yet, the 1810 US Census for the town shows the town's name as Lisburn, a city located in Northern Ireland . The completion of the purchase follows due diligence and initial feasibility studies as previously announced in March 2005. Before beginning construction of any new facility, Ainsworth will complete the expansion of the Grand Prairie, Alberta mill (expected in the first quarter of 2007) and will consider the market conditions at that time. Ainsworth Lumber Co. Ltd. (TSX:ANS) |
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