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Corning, New York, Inc.
, announced that it will open a new fiber optic cable manufacturing facility in North Carolina as a further expansion
of its optical communications business.
This move will meet the growing global demand
for its optical fiber and cable products.
The facility will employ more than 200 people as part of
Corning's previously announced $250 million investment in its fiber, cable, and solutions manufacturing facility.
In North Carolina, in addition to the new facility in Newton, Corning expanded its fiber optic fabrication facility in Winston-Salem, near Concord, and Linkoli in Hickley
.
Faced with the growing demand for optical fibers and cables, Corning expanded its production capacity to ensure reliable supply
to customers.
The growing number of connected devices around the world is driving this demand as it increases bandwidth requirements
.
Corning invented the first low-loss optical fiber in 1970, ushering in the era of optical communications and ultimately changing the way
information is created, shared, and consumed around the world.
To date, Corning has supplied more than 1 billion core kilometers of fiber
to networks around the world.
Corning plans to maintain its market dominance through continuous investment in manufacturing process improvements and meet its $
5 billion annual sales target for optical communications by 2020.
Corning, New York, Inc.
, announced that it will open a new fiber optic cable manufacturing facility in North Carolina as a further expansion
of its optical communications business.
This move will meet the growing global demand
for its optical fiber and cable products.
The facility will employ more than 200 people as part of
Corning's previously announced $250 million investment in its fiber, cable, and solutions manufacturing facility.
In North Carolina, in addition to the new facility in Newton, Corning expanded its fiber optic fabrication facility in Winston-Salem, near Concord, and Linkoli in Hickley
.
Faced with the growing demand for optical fibers and cables, Corning expanded its production capacity to ensure reliable supply
to customers.
The growing number of connected devices around the world is driving this demand as it increases bandwidth requirements
.
Corning invented the first low-loss optical fiber in 1970, ushering in the era of optical communications and ultimately changing the way
information is created, shared, and consumed around the world.
To date, Corning has supplied more than 1 billion core kilometers of fiber
to networks around the world.
Corning plans to maintain its market dominance through continuous investment in manufacturing process improvements and meet its $
5 billion annual sales target for optical communications by 2020.