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Belden Announces Plans to Close Plant in Leominster, Massachusetts.

ST. LOUIS, July 20 /PRNewswire-FirstCall/ -- Belden today announced plans to cease production activities at one of its manufacturing plants located in Leominster, Massachusetts by July 2010. The facility manufactures wire and cable products for enterprise applications throughout the United States. The production will be moved to other existing Belden manufacturing facilities located in Leominster, Massachusetts, Monticello, Kentucky, and Nogales, Mexico.

There will be approximately 170 associates affected by these actions who will be eligible for severance benefits from the Company.

This action is part of the restructuring initiative the Company announced in December 2008.

Forward Looking Statements

Statements in this release other than historical facts are "forward looking statements" made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on forecasts and projections about the industries served by the Company and about general economic conditions. They reflect management's beliefs and expectations. They are not guarantees of future performance and they involve risk and uncertainty. The Company's actual results may differ materially from these expectations. The current global economic slowdown has adversely affected our results of operations and may continue to do so. Turbulence in financial markets may increase our borrowing costs. Some additional factors that may cause actual results to differ from the Company's expectations include demand for the Company's products; the cost and availability of materials including copper, plastic compounds derived from fossil fuels, and other materials; energy costs; the Company's ability to integrate successfully the acquired businesses; and other factors. For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on February 27, 2009. Belden disclaims any duty to update any forward looking statements as a result of new information, future developments, or otherwise.

About Belden

Sending All the Right Signals - from industrial automation to data centers, from broadcast studios to aerospace, from cutting-edge wireless communications to consumer electronics, Belden people are committed to delivering the best signal transmission solutions in the world. Belden associates work in copper cable, fiber, wireless technology, connectors, switches and active components to bring voice, video and data to your mission-critical application. With 2008 revenue of $2.0 billion, Belden has manufacturing capability in North America, Europe and Asia. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at
 Fax: 314-854-8003

CONTACT: Belden, +1-314-854-8054, or fax, +1-314-854-8003

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Publication:PR Newswire
Date:Jul 20, 2009
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