Corning Selects Oklahoma City for Newest Optical Fiber Manufacturing Facility.Business & Technology Editors CORNING, N.Y.--(BUSINESS WIRE)--Dec. 18, 2000 Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. (NYSE NYSE See: New York Stock Exchange :GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) today announced that Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. will be the location of its newest optical fiber manufacturing facility. Preliminary engineering plans for the new site are intended to begin in the first half of 2001, with implementation pending full funding approval from the company's board of directors. To be located on the western side of Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm in Canadian County, the new facility's initial production is anticipated in 2004. When fully operational, the plant is expected to employ several hundred people. "The addition of the new facility, coupled with the multiple fiber plant expansions that we announced earlier this year, will allow us to grow our fiber manufacturing capacity at a rate that is paced by the industry's strong market demand," said Alan Eusden, senior vice president and general manager, Optical Fiber, Corning Incorporated. "Our decision to locate the proposed new plant in Oklahoma City was based on the city's solid infrastructure, the availability of a skilled workforce and the overall quality of life that the area offers," Eusden continued. This announcement follows a series of Corning optical fiber expansions during 2000 impacting manufacturing facilities in Concord and Wilmington, North Carolina For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in New Hanover County, North Carolina, United States. The population was estimated at 100,000 as of 2006;[1] ; Deeside, North Wales; and Victoria, Australia. Most recently, Corning announced a plan to invest $450 million in capital expenditures to further expand its Concord, North Carolina Concord (kän-kord) is a city in the U.S. state of North Carolina. As of the 2000 census, the city had a total population of 55,977. It is the county seat of Cabarrus CountyGR6 and a winner of the All-America City Award in 2004. optical fiber manufacturing facility and to support initial planning for this new facility. Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning's revenues in 1999 were $4.7 billion. |
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