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LUCENT PLANS $350M FIBER-OPTIC EXPANSION

Lucent Technologies Inc says it plans to invest $350m over the next two years in expanding its fiber-optics manufacturing capability in Atlanta, Georgia. The facility is already the world’s largest combined fiber and fiber cable manufacturer, and the hub of Lucent’s 13 global fiber-optics plants. According to reports in the Atlanta Journal-Constitution, Lucent may be set to invest up to $1bn in the plant over the next five years.

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