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0.000361126215687864 -5.39613885510754E-05 -5.39613885510754E-05 0.00513463366443486 0.00451200225807667 0.00295542374218083 0.0155118237704067 0.0167570865831234
Stock impact report

Canton Corning plant to get $32 million in CHIPS funding, expecting to add 130 jobs [Yahoo! Finance]

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
In an announcement early today, Sen. Charles E. Schumer lauded the award as a major investment in the north country and New York and another victory for the CHIPS Act, which the senator shepherded to passage in 2022. "I am proud to announce $32 million from my bipartisan CHIPS & Science Law will go to the always innovative and cutting-edge Corning Incorporated in Canton, N.Y., to boost their highly specialized glass critical to the semiconductor supply chain," Schumer said in a statement. "This award will create hundreds of new, good paying jobs, supporting our local unions and growing manufacturing right here in the north country." Corning plans to put $315 million of its own money into the project. During construction, the company will invest $300,000 per year in the St. Lawrence County child care training program, with a goal of making it easier for more people to work at the plant by building up child care resources in the region. Schumer said the expanded Canton plant will Show less Read more
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