Corning Receives Apple’s First Advanced Manufacturing Fund Investment

(Image courtesy of Apple.)

Apple has announced that Corning, Inc. will receive $200 million USD from the company’s new Advanced Manufacturing Fund as part of its commitment to foster innovation among American manufacturers.

Corning's 65-year-old Harrodsburg facility has been a centerpiece of the 10-year collaboration between the two companies and will be the focus of Apple’s investment. The investment will support Corning’s R&D, capital equipment needs and glass processing.

“Corning is a great example of a supplier that has continued to innovate and they are one of Apple's long-standing suppliers,” said Jeff Williams, Apple’s chief operating officer.

(Image courtesy of Apple.)

“This partnership started 10 years ago with the very first iPhone, and today every customer that buys an iPhone or iPad anywhere in the world touches glass that was developed in America," Williams continued. "We’re extremely proud of our collaboration over the years and we are investing further with Corning who has such a rich legacy of innovative manufacturing practices.”

Apple has committed to investing at least $1 billion with US-based companies as part of the fund, which is intended to lay the groundwork for a resurgence of US manufacturing.

(Image courtesy of Apple.)

“Corning’s longstanding relationship with Apple has not only led to significant glass innovations that have enabled new capabilities for consumers, it has also helped create nearly 1,000 American jobs and allowed us to continue growing and expanding in the US,” said Wendell P. Weeks, Corning’s chairman, chief executive officer and president.

For more information, visit the websites for Apple and Corning.