|By Marketwired .||
|July 21, 2014 04:51 PM EDT||
LOS ANGELES, CA -- (Marketwired) -- 07/21/14 -- Channell Commercial Corporation ("Channell" or the "Company") of Temecula, California, and Preformed Line Products Company of Mayfield Village, Ohio today report that both parties have resolved the dispute to their mutual satisfaction and are pleased to be working together.
Channell Commercial Corporation is a designer and manufacturer of telecommunications equipment supplied to communications network operators worldwide. Major product lines include a comprehensive line of thermoplastic and metal fabricated enclosures, and advanced copper and fiber connectivity solutions. The Company is headquartered in Temecula, California with international operations in Canada, U.K. and Australia. The Company's website is www.channell.com
About Preformed Line Products
Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies. Preformed's world headquarters are in Cleveland, Ohio and the Company operates three domestic manufacturing centers located in Rogers, Arkansas, Albuquerque, New Mexico, and Albemarle, North Carolina. The Company serves its worldwide market through international operations in Argentina, Australia, Brazil, Canada, China, England, France, Indonesia, Malaysia, Mexico, New Zealand, Poland, Russia, South Africa, Spain, and Thailand.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking information concerning the Company's plans to pursue litigation. These statements address future events and conditions and are subject to risks, uncertainties, and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, results could differ from those expressed or implied by these forward-looking statements. Factors that could cause actual results to differ from those indicated in the forward-looking statements include, but are not limited to, the risk that litigation is an inherently complex and uncertain process so it cannot be predicted with accuracy whether the Company will ultimately prevail on its claims or the amount of time and resources that will be necessary to resolve the claims. Forward-looking statements are made as of the date of this press release. Except as required by law, the Company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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