Nokia announces $340M expansion to its Ottawa facility - BNN Bloomberg

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Nokia announces $340M expansion to its Ottawa facility - BNN Bloomberg
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Nokia has announced a $340-million expansion to its Ottawa facility.

Nokia Canada has announced a $340-million expansion to its Ottawa facility.

The project is expected to create more than 340 jobs in Ontario, the release states. Nokia Canada said that with the added positions, it would have around 2,160 employees in Ottawa. "Today's announcement reinforces Nokia's commitment to the Canadian market, where we have invested $1.4 billion in R&D over the past five years. Nokia's R&D hub will generate net-new Canadian IP and bring innovative advanced telecommunications and cyber security technologies to market, helping us achieve our goal of improving people's lives in Canada and across the world,” Jeffrey Maddox, the president of Nokia Canada, said in the release.

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