Search
Menu
Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Alcatel Closing Underwater Cable Plant

Facebook X LinkedIn Email
PORTLAND, Ore., June 4 -- Alcatel said it would close its Portland underwater cable manufacturing plant this year and lay off 480 employees. According to an Alcatel spokesperson, about 100 have been dropped already and the remainder will be phased out as Alcatel closes the plant by the end of this year. Alcatel had announced Tuesday that it expects a second-quarter loss of $2.6 billion due to an industry downturn. Alcatel also has underwater cable plants in France and Australia, which have newer machines and will be kept running.Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: June 2001
    industrialNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.