Corning Incorporated First Tenant in Hickory, North Carolina, Industrial Park
08/16/2018
The production facility, a $60 million investment, is expected to create approximately 110 jobs over the next five years. Corning plans to add manufacturing capacity to maintain its market-leading position and ensure reliable supply for its customers as it addresses growing worldwide demand for optical fiber and cable, the company said.
“This new manufacturing plant underscores Corning’s commitment to Catawba County and to North Carolina, and we deeply appreciate the long-standing support of our state and local leaders," said Dr. Bernhard Deutsch, Vice President and General Manager, Corning Optical Fiber and Cable.
"Corning is investing in tomorrow's growth today, as the growing number of connected devices fuels demand for our optical fiber and cable innovations. Our workforce here in Catawba County, and in North Carolina, is helping bring those innovations to life,” he added.
As part of the project, 26.82 acres owned by the Trivium Corporate Center Inc., a non-profit entity jointly developed and funded by Catawba County and the City of Hickory, will be transferred to Corning for its new facility.
Trivium Corporate Center, located between Robinwood Road and Startown Road in Hickory, 59 miles northwest of Charlotte, is being jointly developed by the City of Hickory, Catawba County, and the EDC, as one of the four City of Hickory bond projects.
According to Catawba Economic Development, “bond funds totaling $4.5 million have been allocated to Trivium Corporate Center. The Latin word trivium means “the place where three roads meet,” which reflects the location of the Corporate Center along the main connector between Interstate 40, and U.S. Highways 70 and 321.”
"Signing the first tenant for Trivium Corporate Center opens a new chapter for economic development in Hickory, made possible by the vision of our citizens who approved bond funds for projects to help the local economy grow and thrive," said Warren Wood, Hickory City Manager and President of the Trivium Corporate Center Board of Directors. "It's especially fitting that the first tenant will be Corning, a keystone of our business community for almost 40 years."
Randy Isenhower, Chair, Catawba County Board of County Commissioners, and Chair, Trivium Corporate Center Board of Directors said, "Corning has manufactured cable in Hickory for decades, and just this year opened a new cable plant in Newton. We're grateful for their ongoing contributions to our local economy."
"Trivium is getting off to an excellent start, with Corning adding high-quality, advanced manufacturing jobs," said Robin Nicholson, Chair of Catawba County EDC. "This sets a tone for future growth in this economic asset for our region."
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