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

See more news about:

Others also read

Coating line for Sanitary Ware Project in Fujian Xihe successfully accepted.
Thanks to its unique geographical location, this ISTANBUL GLASS EXPO, Eurasia Glass, plays a very important role in the region that connects Europe and Asia, as well as in North Africa.
Among the skylight glass panes, 8632 glazed tempered and insulated glass panes were provided by Tianjin NorthGlass, one subsidiary of NorthGlass Group.
NorthGlass signed the high-end glass curtain wall orders of Zhengzhou Grand Theatre, Zhengzhou Citizen Activity Center and Zhengzhou Museum in China.
Here comes the year of the pig! On January 31 LandGlass held the new year party under the theme of “Fusion in 2019”, to review achievements in the past while looking into the future.
The 30th China International Glass Industrial Technical Exhibition (China Glass 2019) will be staged at China International Exhibition Center (new venue) of Beijing on May 22-25, 2019.

From industry

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

Add new comment