Corning Inc.
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| Public | |
| Traded as | : GLW S&P 500 Component |
| Industry | Glass & Ceramic Materials |
| Founded | 1851 |
| Headquarters | Corning, New York, U.S. |
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Area served
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Worldwide |
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Key people
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Wendell P. Weeks (Chairman, CEO, and President) |
| Products |
Specialty glass Ceramics Optical fiber Cable, hardware & equipment Emissions control technology LCD glass Life sciences products |
| Revenue |
 US$10.217 billion (2014)
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US$1.371 billion (2013)
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US$2.472 billion (2014)
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| Total assets |
US$ 28.478 billion (2013)
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| Total equity |
US$21.211 billion (2013)
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Number of employees
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34,000 (October 2014)
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| Divisions | Display technologies, telecommunications, environmental technologies, specialty materials, life sciences |
| Website | www |
Corning Incorporated is an American manufacturer of glass, ceramics, and related materials, primarily for industrial and scientific applications. The company was known as Corning Glass Works until 1989, when it changed its name to Corning Incorporated. In 1998, Corning divested itself of its consumer lines of CorningWare and Corelle tableware and Pyrex cookware selling them to World Kitchen, but still holds an interest of about 8%. 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. Quest Diagnostics and Covance were spun off from Corning in 1996.
Corning Glass Works was founded in 1851 by Amory Houghton, in Somerville, Massachusetts, originally as the Bay State Glass Co. It later moved to Williamsburg, Brooklyn, New York, and operated as the Brooklyn Flint Glass Works. The company moved again to its ultimate home and namesake, the city of Corning, New York, in 1868 under leadership of the founder's son, Amory Houghton, Jr.
Over 147 years later, 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. 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.
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Wikipedia