11 Facts About Corning Inc

1.

In 1935, Corning Inc formed a partnership with bottle maker Owens-Illinois, which formed the company known today as Owens Corning Inc.

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2.

In 1962 Corning Inc developed Chemcor, a new toughened automobile windshield designed to be thinner and lighter than existing windshields, which reduced danger of personal injury by shattering into small granules when smashed.

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3.

Company profits soared in the late 1990s during the dot-com boom, and Corning Inc expanded its fiber operations significantly through the acquisition of telecommunications company Oak Industries and building several new plants.

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4.

In 2011 Corning Inc announced the expansion of existing facilities and the construction of a Gen 10 facility co-located with the Sharp Corporation manufacturing complex in Sakai, Osaka, Japan.

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5.

In 2007 Corning Inc introduced an optic fiber, ClearCurve, which uses nanostructure technology to facilitate the small radius bending found in FTTX installations.

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6.

On October 25, 2011 Corning Inc unveiled Lotus Glass, an environmentally friendly and high-performance glass developed for OLED and LCD displays.

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7.

The number of Corning Inc facilities employing the traditional tanks of molten glass has declined over the years, but it maintains the capacity to supply bulk or finished glass of many types.

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8.

Over its 160-year history Corning invented a process for rapid and inexpensive production of light bulbs, including developing the glass for Thomas Edison's light bulb.

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9.

In July 2008 Corning Inc announced the sale of Steuben Glass Works to Steuben Glass LLC, an affiliate of the private equity firm Schottenstein Stores Corporation.

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10.

In February 2011, Corning Inc acquired MobileAccess Networks, an Israeli company that develops Distributed antenna systems, which are often used by universities, stadiums and airports to ensure seamless wireless coverage throughout a facility.

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11.

In December 2017, Corning Inc acquired All of 3M Communication Market Division, in a cash transaction approximately $900 million.

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