Exco Technologies Limited announces Greenfield Castool facility in Thailand

Exco Technologies Limited announces Greenfield Castool facility in Thailand 
TORONTO, Jan. 30, 2013 /CNW/ - Exco Technologies Limited (TSX-XTC) today 
announced that its Castool business will establish a machining facility in 
Thailand. The facility will be approximately 20,000 square feet and the total 
investment, which will be made during the next year, is expected to be 
approximately $5 million. This will enable Castool to better serve its fast 
growing market share in this sizable and competitive Asian market for 
consumable components from a proximate and cost effective location. 
Exco Technologies Limited is a global supplier of innovative technologies 
servicing the die-cast, extrusion and automotive industries. Through our 11 
strategic locations, we employ 2,216 people and service a diverse and broad 
customer base. 
This news release contains forward-looking information and forward-looking 
statements within the meaning of applicable securities laws. We use words such 
as "anticipate", "plan", "may", "will", "should", "expect", "believe", 
"estimate" and similar expressions to identify forward-looking information and 
statements especially with respect to completion dates, investment amounts and 
market penetration in the Asian market for consumable components. Such 
forward-looking information and statements are based on assumptions and 
analyses made by us in light of our experience and our perception of 
historical trends, current conditions and expected future developments, as 
well as other factors we believe to be relevant and appropriate in the 
circumstances. Readers are cautioned not to place undue reliance on 
forward-looking information and statements, as there can be no assurance that 
the assumptions, plans, intentions or expectations upon which such statements 
are based will occur. Forward-looking information and statements are subject 
to known and unknown risks, uncertainties, assumptions and other factors which 
may cause actual results, performance or achievements to be materially 
different from any future results, performance or achievements expressed, 
implied or anticipated by such information and statements. These risks, 
uncertainties and assumptionsare described in the Company's Management's 
Discussion and Analysis included in our 2012 Annual Report, in our 2012 Annual 
Information Form and, from time to time, in other reports and filings made by 
the Company with securities regulatory authorities. 
While the Company believes that the expectations expressed by such 
forward-looking information and statements are reasonable, there can be no 
assurance that such expectations and assumptions will prove to be correct. 
In evaluating forward-looking information and statements, readers should 
carefully consider the various factors which could cause actual results or 
events to differ materially from those indicated in the forward-looking 
information and statements. Readers are cautioned that the foregoing list of 
important factors is not exhaustive. Furthermore, the Company disclaims any 
obligations to update publicly or otherwise revise any such factors or any of 
the forward-looking information or statements contained herein to reflect 
subsequent information, events or developments, changes in risk factors or 
otherwise. 
Source:Exco Technologies Limited (TSX-XTC) Contact:Paul Riganelli, 
Vice-President, Finance and Chief Financial Officer Telephone:(905) 477-3065 
Ext 7228 Website:http://www.excocorp.com 
SOURCE: Exco Technologies Limited 
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CO: Exco Technologies Limited
ST: Ontario
NI: AUT  
-0- Jan/30/2013 21:30 GMT
 
 
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