Corning Inc. awarded $32M in CHIPS funding for Canton plant, creating up to 130 manufacturing jobs

URLhttps://www.cnybj.com/corning-inc-awarded-32m-in-c
SourceCentral New York Business Journal
Date Published11/08/2024
Author NameEric Reinhardt

Additional Reshoring Information:

Company/Division name Corning Inc.
Parent companyCorning Incorporated
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):130
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):315
City reshored to:Canton
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredSpecialized Glass
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Govt. Policy and subsidies
Government Incentive dollar amount:32,000,000
Find Reshoring Articles