That's defitently not true..Doing cardio for extended periods of time will cause your slow twitch fibers to stop growing, even if you continue to lift heavy.
The body uses muscle according to the size-recruitment principle (except in very rare cases, in which it has been suggested or speculated on that slow twitch fibers can be bypassed in explosive lifts). When you bench press 300 pounds, you are using slow twitch fibers.The body uses the slow twitch fibers for endurance