Corning has opened a new cable manufacturing facility in Newton, North Carolina, in the latest expansion of its Optical Communications business. The facility, which will employ more than 200 people, is part of Corning’s previously announced plan to invest more than $250 million in its optical fiber, cable, and solutions manufacturing facilities. In North Carolina, Corning is expanding its fiber manufacturing facility near Concord and its cable facilities in Winston-Salem and Hickory, in addition to opening the Newton plant.
By adding manufacturing capacity, the company will help ensure reliable supply for its customers as it addresses growing demand for optical fiber and cable. The demand stems from the worldwide growth in bandwidth requirements as the number of connected devices increases dramatically. Corning celebrated the opening of the new plant with a ribbon-cutting attended by local officials.
Corning invented the first low-loss optical fiber in 1970, which helped launch the age of optical communications and ultimately transformed the way the world creates, shares, and consumes information. Since that time, it has delivered more than 1 billion kilometers of optical fiber for networks across the globe. Its investments in manufacturing flow from its plan to maintain its market-leading position and achieve its goal of $5 billion in Optical Communications annual sales by 2020.