YOUNGSVILLE, N.C., Feb. 19, 2014 (GLOBE NEWSWIRE) -- Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, held a groundbreaking ceremony yesterday for its new state-of-the-art press felt manufacturing facility in Kunshan, Jiangsu Province, China.
FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements. The words "believe," "estimate," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Forward-looking statements involve risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. These risks and uncertainties include the following items: (1) our plans to build a new facility in China may not materialize, may cost more or may be delayed longer than we anticipate; (2) once operational, the facility may not provide the benefits we expect; and (3) the other risks and uncertainties discussed elsewhere in this press release, our Form 10-K for the year ended December 31, 2012, our Form 10-Qs for the quarters ended March 31, 2013, June 30, 2013 and September 30, 2013 and our other SEC filings. If any of these risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary significantly from what we projected. Any forward-looking statement in this press release reflects our current views with respect to future events. Except as required by law, we assume no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise. Copies of our SEC filings are available from the SEC and in the investor relations section of our website at www.xerium.com. The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.
CONTACT: Phillip B. Kennedy Investor Relations 919-526-1444 IR@xerium.com