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
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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
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News
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GLW
Earnings
- 10/29/24 - Beat
GLW
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 4
- 12/11/24 - Form 4/A
- GLW's page on the SEC website