$32M in Federal Funding
Senate Majority Leader Chuck Schumer, D-N.Y., said that Corning and the U.S. Department of Commerce reached a preliminary “memorandum of terms” agreement for funding up to $32 million.
The Only Facility of its Kind in the U.S.
The funding will help Corning invest a total of $315 million to increase the production of specialized glass used in semiconductor production. Schumer’s office said the company’s Canton, New York, plant is the only U.S. facility currently producing those materials.
Project to Expand Capacity for Advanced Materials
The project would specifically expand the manufacturing of materials known as high-purity fused silica and ultra-low expansion glass. Schumer’s office said those materials are particularly critical to deep ultraviolet and extreme ultraviolet lithography machines and photomasks.
New York Plant to Add 130 New Jobs
The Commerce Department funding was allocated under the CHIPS and Science Act, a 2022 law designed to encourage domestic production of semiconductors.
The expansion is expected to create 130 additional jobs at the Canton plant.
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