Business
Exco Technologies Limited: Appoints Chairman and Director
Exco Technologies Limited: Appoints Chairman and Director.
About this update from Exco Technologies Limited
[{"type":"text","content":"\n\n\n\n\nTORONTO, Oct. 13 /CNW/ - Exco Technologies Limited (TSX-XTC) today\nannounced that Rick McGraw has been appointed Chairman of the Board of Exco\neffective October 12, 2006. Mr. McGraw has been a director since 1992 and has\nextensive knowledge of Exco's business. Mr. McGraw replaces Mr. Hofmann who\nhas been Chairman since 2001 and who will remain a board member until his\nretirement at the end of his term in January, 2007.\nExco also announced the appointment of Peter van Schaik as a director\neffective October 12, 2006. Peter is the CEO and majority owner of Van-Rob, a\nsuccessful manufacturer of small and medium metal stampings and structural\nassemblies servicing the automotive industry from plants in Ontario, USA and\nMexico. Peter's appointment fills a vacancy created by the resignation of\nBrian Steck from the Board in June of this year. The Board wishes to\nacknowledge Mr. Steck's contribution to Exco and thank him for his numerous\nyears of service.\n\nExco Technologies Limited is a global supplier of innovative technologies\nservicing the die-cast, extrusion and automotive industries. Through our 13\nstrategic locations, we employ 1,900 people and service a diverse and broad\ncustomer base.\n(for further information regarding Exco refer to Management Discussion\nand Analysis, Financial Statements, and Notes posted at 'Sedar.com')\n\nThis news release may contain forward-looking information and\nforward-looking statements within the meaning of applicable securities laws.\nWe use words such as \"anticipate\", \"plan\", \"may\", \"will\", \"should\", \"expect\",\n\"believe\", \"estimate\" and similar expressions to identify forward-looking\ninformation and statements. Such forward-looking information and statements\nare based on assumptions and analyses made by us in light of our experience\nand our perception of historical trends, current conditions and expected\nfuture developments, as well as other factors we believe to be relevant and\nappropriate in the circumstances. Readers are cautioned not to place undue\nreliance on forward-looking information and statements, as there can be no\nassurance that the assumptions, plans, intentions or expectations upon which\nsuch statements are based will occur. Forward-looking information and\nstatements are subject to known and unknown risks, uncertainties, assumptions\...