Corning Announces Funding for Optical Fiber Manufacturing Facility

Corning has approved a plan to build its sixth optical fiber manufacturing facility.

Corning Incorporated (www.corning.com) announced that its board of directors has approved a plan to invest approximately $400 million to build its sixth optical fiber manufacturing facility, in Oklahoma City, Oklahoma. Initial fiber production is expected in 2004. When fully operational, the plant will employ several hundred people.

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