Corning Announces Major Expansion of Catalytic Converter Substrate Facility.

CORNING, N.Y., Nov. 1--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) announced today that it will expand its Blacksburg manufacturing facility, located in Christiansburg, Virginia, to meet growing worldwide demand for substrates used at the core of catalytic converters. Work on the $25 million expansion will be completed by January 1996.

The facility is being expanded to provide increased capacity and flexibility, and follows on the heels of an expansion completed earlier this year. Corning expects the worldwide market for catalytic converter substrates to increase from 70 million units in 1994 to nearly 100 million in the year 2000.

Corning's facilities in Christiansburg, Virginia; Erwin, New York; and Kaiserslautern, Germany, supply catalytic converter substrates to automobile manufacturers in North America, Latin America, Europe and Asia.

The plant expansion will also enable Corning to supply auto makers with its new CelcorTM XT thin-wall substrates, which provide a number of performance advantages compared to standard substrates, and which can be used very close to the engine, where temperatures can reach more than 1,000 degrees centigrade.

Corning is one of the world's leading supplier of ceramic substrates for automobiles, trucks, and other emissions control applications.

Corning Incorporated is a Fortune 200 company which reports its financial results in four business segments: specialty materials, communications, laboratory services, and consumer products. Corning's revenues for 1993 totaled $4 billion.

CONTACT: Corning

             John Abrams, [phone]
             J.R. Jones, [phone]
             Richard B. Klein (Investor Relations), [phone]