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Postal Construction Funds OKd

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Associated Press

An $11.7-billion five-year capital improvement plan was approved today by the U.S. Postal Service Board of Governors.

More than half--$7.2 billion--will be for building, remodeling and replacing postal buildings. The agency is trying to use standard plans for new buildings to speed their construction. Another $2.3 billion will be spent on automated sorting equipment.

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