Corning will build a new fiber optical cable manufacturing plant near Phoenix that will primarily supply AT&T. The new facility, expected to open in 2024, will add about 250 jobs to Corning’s payroll.
Corning said the Gilbert site is part of a $500 million expansion plan for optical fiber and cable manufacturing that started in 2020, nearly doubling the company’s capacity. Optical communications has been one of Corning’s fastest-growing businesses. In the June quarter, optical sales grew 22% from the year-ago quarter to $1.3 billion, about 36% of the specialty glass company’s total sales in the period.
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