CommScope, Inc. (NYSE: CTV), a world leader in cable and connectivity solutions for communications networks, today announced the opening of a broadband cable manufacturing facility in the Peoples Republic of China. The plant, operating under the name of CommScope Asia (Suzhou) Technologies Co., Ltd., is located outside of Suzhou, China, a city of over one million people northwest of Shanghai. It has approximately 120,000 sq. ft. (11,000 m2) and will house manufacturing of broadband coaxial cable primarily for the Asia/Pacific (APAC) region.
"We are excited to have in-region manufacturing capability for the growing Asian market," said CommScope President and Chief Operating Officer Brian Garrett at today's ribbon-cutting ceremony. "We believe this facility will enhance our market presence by improving our customer service while providing our customers with cable that is made to CommScope's exacting standards."
The plant, which is projected to employ more than 200 employees after it ramps up to full production, is expected to begin shipping product to customers by mid-year 2005.
CommScope ( http://www.commscope.com ) is a world leader in the design and manufacture of 'last mile' cable and connectivity solutions for communication networks. Through our SYSTIMAX(R) Solutions and Uniprise(TM) brands we are the global leader in structured cabling systems for business enterprise applications. We are also the world's largest manufacturer of coaxial cable for Hybrid Fiber Coaxial (HFC) applications. Backed by strong research and development, CommScope combines technical expertise and proprietary technology with global manufacturing capability to provide customers with high- performance wired or wireless cabling solutions.
This press release includes forward-looking statements that are based on information currently available to management, management's beliefs, as well as on a number of assumptions concerning future events. Forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, which could cause the actual results to differ materially from those currently expected. For a more detailed description of the factors that could cause such a difference, please see CommScope's filings with the Securities and Exchange Commission. In providing forward-looking statements, the company does not intend, and is not undertaking any obligation or duty, to update these statements as a result of new information, future events or otherwise.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding CommScope's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
CommScope, Inc.
Sae Chung, Managing Director, Asia Pac Rim Sales
+82-11-445-1989
or
Betsy Lambert of CommScope Media Relations,
+1-828-323-4873
Web site: http://www.commscope.com