Corning Incorporated Expands Manufacturing in New York’s Southern Tier
11/30/2017
The $95.5 million project will create 185 jobs in the region by 2020. The new jobs will be located at the Corning Innovation Support Center in Big Flats and at Corning's Research and Development Facility at Sullivan Park in Erwin, New York.
"Corning has been a beacon of enterprise and innovation for decades, and this new expansion builds on our efforts to spur development and job growth for the Southern Tier," Governor Andrew Cuomo said. "By working with local leaders and the Regional Economic Development Council, our strategic Southern Tier Soaring plan is putting the region on the right track and giving Corning the tools and confidence to grow and expand their world-class products in the region."
Valor Glass is designed to address a number of problems in the glass injectable pharmaceutical market, including: damage, breakage, and particulate generation on high-speed pharmaceutical filling lines and in the supply chain, and incompatibility of drugs with borosilicate glass containers which can lead to glass delamination.
Corning CEO Wendell Weeks said, "Valor Glass was invented right here in the Southern Tier so it is only fitting our first significant manufacturing operation be located here. Thanks to the Southern Tier strategic plan and Governor Cuomo's ongoing investment in this region through initiatives like the Upstate Revitalization Funding program, I believe the future of our community is brighter than ever."
To encourage Corning to grow its' pharmaceutical operations in the region, Empire State Development has offered up to $6 million through the Southern Tier Soaring Upstate Revitalization Initiative. The company will use the grant to purchase manufacturing equipment and to make infrastructure improvements. Corning will also receive up to $1.75 million through the Excelsior Tax Credit Program in exchange for job creation commitments. The total project cost is $95.5 million.
Developing and manufacturing Valor Glass in the Chemung Valley is part of Corning's plan announced in July to invest $500 million and create 1,000 new jobs in the United States. To further support the production and delivery of Valor Glass, Corning will also add jobs in the future at an existing facility in Vineland, New Jersey, and at a location in the Southeast portion of the country. Over time, Corning plans to invest $4 billion and create 4,000 new high-tech jobs.
"Corning has been a beacon of enterprise and innovation for decades, and this new expansion builds on our efforts to spur development and job growth for the Southern Tier,” said Governor Andrew M. Cuomo.
Empire State Development President, CEO & Commissioner Howard Zemsky said, "Corning's $95.5 million investment in its pharmaceuticals division will create high-quality jobs for the Southern Tier and is further proof that the region is soaring."
Project Announcements
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Firestone Industrial Products Expands Dyersburg, Tennessee, Operations
04/18/2024
Samsung Electronics Expands Taylor, Texas, Chip-Manufacturing Operations
04/18/2024
OMCO Solar Plans Huntsville, Alabama, Production Operations
04/18/2024
Martco-RoyOMartin Upgrades Allen Parish, Louisiana, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024