Corning Incorporated Opens New Cable Manufacturing Facility in Newton, North Carolina
January 26, 2018 at 09:31 pm IST
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Corning Incorporated opened a new cable manufacturing facility in Newton, North Carolina, in the latest expansion of its Optical Communications. The facility, which will employ more than 200 people, is part of Corning's previously announced plan to invest more than $250 million in its optical fiber, cable, and solutions manufacturing facilities. In North Carolina, Corning is expanding its fiber manufacturing facility near Concord and its cable facilities in Winston-Salem and Hickory, in addition to opening the Newton plant. By adding manufacturing capacity, Corning will help ensure reliable supply for its customers as it addresses growing demand for optical fiber and cable. The demand stems from the worldwide growth in bandwidth requirements as the number of connected devices increases dramatically.
Corning Incorporated is the world leader of the production and the marketing of substrata of glass and ceramic of specialty. Net sales break down by market as follows:
- telecommunications (29.6%): products of fiber optical, cables, etc. for networks of communication;
- electronic large public (26%): glass substrata intended for screens of televisions sets LCD, PC and laptops;
- environment (13%): substrata of ceramic and filters intended for systems fight against vehicles emissions;
- life science (7.1%): in particular optical biosensors for pharmaceutical research;
- other (24.3%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology.
Net sales are distributed geographically as follows: the United States (32.7%), North America (3%), Asia/Pacific (51.5%), Europe (11.3%) and other (1.5%).
CORNING INCORPORATED 
