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Friday, May 12, 2017
Apple Invests $200M In Corning


For over 10 years, Corning employees in Harrodsburg, Kentucky have helped create the beautiful cover glass found on iOS devices.

Corning Incorporated will receive $200 million from Apple's new Advanced Manufacturing Fund to support Corning's R&D, capital equipment needs and glass processing.

Corning's 65-year-old Harrodsburg facility has been integral to the 10-year collaboration between these two companies and will be the focus of Apple's investment.

"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. "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. 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 Chief Executive Officer Tim Cook said in May that the company planned to invest at least $1 billion to back advanced manufacturing companies in the U.S. and help create jobs in the industry. President Donald Trump has been a vocal critic of American companies that outsource production to non-U.S. manufacturers.

In the US, Apple now supports 2 million jobs across all 50 states, including 450,000 jobs attributable to Apple's spend and investment with US-based suppliers. Last year alone, Apple spent over $50 billion with more than 9,000 domestic suppliers and manufacturers.



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