Alcoa cuts 500 jobs, 2 production lines in Canada

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NEW YORK (AP) — Aluminum smelter and parts-maker Alcoa said on Thursday that it will close down two production lines at a plant in Canada and cut about 500 jobs there because of lower aluminum prices.

A major portion of a planned upgrade for the facility in Quebec is being pushed back by three years, to 2019, the company said.

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