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.

https://www.barrons.com/articles/corning-fiber-optic-plant-arizona-51661818036


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