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TECHNOLOGY - Aug. 1, 1995

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<i> Times Staff and Wire Reports</i>

Bausch & Lomb to Lower Manufacturing Costs: The Rochester, N.Y.-based contact lens maker said it will invest more than $30 million to install the next generation of soft contact lens manufacturing technology. Bausch & Lomb Inc. said the capital investment for new equipment follows the successful completion of the first phases of a joint-development program with International Business Machines Corp. for systems design and prototype production.

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