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Corning Building Big in N.H.

Nashua plant will triple the manufacturing capacity of active components, including pump lasers, transmission lasers, and receivers

September 7, 2000

1 Min Read

CORNING, N.Y. -- Corning Incorporated (NYSE:GLW - news), an industry-leading manufacturerand supplier of optical fiber and photonic products, announced today itwill build itsnew photonic components manufacturing facility on a 56-acre site inNashua, NH. This $225 million investment, announced this past July, ispart of the on-goingeffort to expand the manufacturing capability of Corning Lasertron,which produces active components used in communication networks such aspump lasers,transmission lasers and receivers.With planning and permit approvals expected in October, construction onthe New Hampshire plant will begin in November 2000. Production isscheduled to start inthe summer of 2001, and when fully operational in 2002, the plant willemploy 850 people.

"We are succeeding in our efforts to broaden our manufacturingcapability from wafer fabrication through packaging," said Bob Brown,president, CorningLasertron. "Corning is aggressively working to meet current and futuredemand for pumps and transmission lasers. Our expansion plan is on trackand is consistentwith Corning's strategy of being a leading optical layer company."

http://www.corning.com

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