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Corning 'immediately' creating 1,000 new jobs in US, CEO says
CNBC ^ | July 20, 2017 | Michelle Fox

Posted on 07/20/2017 6:32:44 PM PDT by 2ndDivisionVet

• Corning plans to "immediately" invest $500 million and create 1,000 new jobs in the United States making a new glass for medical products, CEO Wendell Weeks told CNBC.
• The initiative is a collaboration with Merck and Pfizer and was announced at a "Made in America" event with President Donald Trump on Thursday.
• It is part of a plan to invest $4 billion and create 4,000 new jobs, Weeks said.

Corning plans to "immediately" invest $500 million and create 1,000 new American jobs making a new glass for medical products, its CEO told CNBC on Thursday.

The initiative is a collaboration with Merck and Pfizer and was announced at a "Made in America" event with President Donald Trump on Thursday.

"This is part one of a plan to invest $4 billion and create 4,000 high-tech jobs right here in the U.S.," Corning CEO Wendell Weeks said in an interview with "Closing Bell" after the announcement.....

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Health/Medicine; Politics
KEYWORDS: corning; jobs; trump

1 posted on 07/20/2017 6:32:44 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Good move for Corning.

That said, America needs to re-establish trade relations with other countries.

We currently send millions of jobs overseas. They need to return to America.

That won’t happen piecemeal. A wholesale restructuring of our trade relations with the rest of the world, is long overdue.


2 posted on 07/20/2017 6:37:45 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: 2ndDivisionVet

Another wave of Trump’s magic wand


3 posted on 07/20/2017 6:43:57 PM PDT by rdcbn
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To: cba123

This is an example of jobs returning to the United States, Einstein.


4 posted on 07/20/2017 6:45:17 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet
This is an example of jobs returning to the United States, Einstein.

Hey Benedict, your Free Traitor™ slip is showing.

5 posted on 07/20/2017 6:58:57 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: cba123

I like President Trump talking about this though. He talks about it all the time, cheerleads companies all the time. He can do a lot to transform the culture by just doing this kind of thing.


6 posted on 07/20/2017 6:59:06 PM PDT by Vince Ferrer
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To: central_va

What are you smoking?


7 posted on 07/20/2017 7:08:16 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet; Behind Liberal Lines

NY Ping


8 posted on 07/20/2017 7:16:58 PM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: metmom
a friend of mine has been working R&D on this for quite awhile at the Park
9 posted on 07/20/2017 7:22:38 PM PDT by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Chode

Corning is in an absolutely stunningly beautiful part of the state.

Good for them to do it in NY of all places.

It must be a fascinating place to work.


10 posted on 07/20/2017 7:28:48 PM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: metmom
i don't know if they'll build the plant here, he works in the research and development facility at Sullivan Park and it has a great view
11 posted on 07/20/2017 7:35:18 PM PDT by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: metmom

I have Corning Ware in my kitchen right now that is almost 60 years old.

When we got married anything Corning was a MUST.

We visited their place, and also Steuben Glass, in the 70s on a family vacation.

I have a Steuben piece also,which belonged to my mother.

.


12 posted on 07/20/2017 8:11:58 PM PDT by Mears
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To: metmom

They would be silly to do it in NY with the tax structures...unless they can get the political machine to give them what they want in a deal of course...


13 posted on 07/20/2017 10:51:26 PM PDT by reed13k
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To: Mears

I have Corelleware that’s pretty old as well and we got some Stueben glass from my M-i-l.

I’ve been to the Museum and it’s fantastic.


14 posted on 07/21/2017 6:21:56 AM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: reed13k

I agree but some companies still stay here.

Like Wegman’s and more power to them.


15 posted on 07/21/2017 6:22:36 AM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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