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February 20, 2013

Oracle plans $1.4M Oregon expansion

HILLSBORO, Ore. (AP) — Technology company Oracle said Tuesday it will use $1.4 million in loans from the state of Oregon to expand its Hillsboro facility, adding 130 jobs and keeping others from going overseas.

Oracle will get the loans in exchange for creating the full-time positions and retaining 300 slots over the next two years, Gov. John Kitzhaber's office said.

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