Corning Receives Award from U.S. Department of Defense and U.S. Department of Health and Human Services for Products Supporting COVID-19 Testing

URLhttps://finance.yahoo.com/news/corning-receives-aw
Sourceyahoo!finance
Date Published12/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Corning Life Sciences
Parent companyCorning Incorporated
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
City reshored to:Corning
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredrobotic pipette tips, robotic tips for testing
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Under-utilized capacity, Other, Covid-19
Government Incentive dollar amount:$15 million
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