Corning Announces Expansion Of Its Optical Fiber Manufacturing Facility In China

Corning Incorporated (NYSE:GLW) today announced plans to expand its optical fiber manufacturing facility in China.

The decision is based on continued growth in the China optical fiber market."The optical fiber market in China is expected to more than double in annual volume this decade driven by increasing need for the widespread deployment of high-speed, broadband optical communications networks," said Martin J.Curran, senior vice president and general manager, Corning Optical Fiber. "The expansion of our Shanghai facility will ensure that we have adequate capacity to meet this opportunity and maintain our strong position in the China optical fiber market."

"For more than 20 years, as China's communications infrastructure evolved to fiber-optic networks, Corning has played an important role and provided technologically advanced optical fiber as the foundation of a large percentage of China's nationwide communications backbone," said Eric S. Musser, chief executive officer, Corning Greater China. "Today we are announcing another significant milestone which further strengthens Corning's commitment to produce the highest-quality optical fiber in this region."

The expansion of Corning's Shanghai optical fiber manufacturing facility will begin immediately and is expected to be completed in 2009. Corning also manufactures optical fiber in Wilmington, N.C., the world's largest optical fiber plant. The company also recently announced plans to partially open its optical fiber plant in Concord, N.C., due to continued growth of the worldwide optical fiber market.

600450 Corning Announces Expansion Of Its Optical Fiber Manufacturing Facility In China glassonweb.com
Date: 20 July 2007
Source: Corning

See more news about:

See more from these topics:

Others also read

As the world leading 100% fully tempered vacuum insulated glass, LandVac ensured the successful development of a military project.
Kohn Pedersen Fox (KPF) proudly supported the opening of MGM COTAI on Tuesday, February 13 2018. The resort is the latest addition to the MGM portfolio in Macau.
With various features including light weight, thin thickness, clear transparency, high safety, and extensive use in many aspects of building construction without regional limitation, LandVac has been well received by consumers.
As the launch pad for new products and technologies on window, door and facade in China, the 24th Windoor Expo will take place in Guangzhou from March 11 to March 13, 2018.
Considering the use of energy-saving glass as the determinant of a building’s power conservation, vacuum insulated glass currently offers the most outstanding performance in energy-saving. Among them, LandVac® is one of the best.
Recently, LandGlass is successfully selected into the list of the Innovative Large Enterprises of the City by the department of science and technology in Luoyang.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000
China

Add new comment