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Company type | Public |
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Industry |
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Founded | 1851 Bay State Glass Co. | as
Founder | Amory Houghton |
Headquarters | Corning, New York, U.S. |
Area served | Worldwide |
Key people | Wendell P. Weeks (chairman and CEO) Lawrence D. McRae (vice chairman) |
Products | Specialty glass Ceramics Optical fiber Cable, hardware & equipment Emissions control technology LCD glass Life sciences products |
Revenue | US$14.19 billion (2022) |
US$1.44 billion (2022) | |
US$1.32 billion (2022) | |
Total assets | US$29.50 billion (2022) |
Total equity | US$12.01 billion (2022) |
Number of employees | 57,500 (December 2022) |
Divisions |
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Website | corning |
Footnotes / references [1] |
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989.[2] Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (later Corelle Brands) to Borden.
As of 2014[update], Corning had five major business sectors: display technologies, environmental technologies, life sciences, optical communications, and specialty materials. Corning is involved in two joint ventures: Dow Corning and Pittsburgh Corning. The company completed the corporate spin-offs of Quest Diagnostics and Covance (now Fortrea) in January 1997.[3] Corning is one of the main suppliers to Apple Inc. Since working with Steve Jobs in 2007, to develop the iPhone;[4] Corning develops and manufactures Gorilla Glass, which is used by many smartphone makers. It is one of the world's biggest glassmakers.[5] Corning won the National Medal of Technology and Innovation four times for its product and process innovations.[6][7][8][9]
Corning continues to maintain its world headquarters at Corning, N.Y. The firm also established one of the first industrial research labs there in 1908.[10] It continues to expand the nearby research and development facility, as well as operations associated with catalytic converters and diesel engine filter product lines. Corning has a long history of community development and has assured community leaders that it intends to remain headquartered in its small upstate New York hometown.[11]