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Telecom giant Alcatel to close Portland plant, 2 others and cut 900 jobs

DALLAS — French telecommunications giant Alcatel SA said Friday it will close three U.S. facilities and cut 900 jobs over the next few months. The company said it will close a Portland, Ore., plant that makes fiber-optic cables for underwater lines and shift the work to plants in France and Australia. About 480 jobs would be lost.
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