Apple Awards Corning First Advanced Manufacturing Fund Investment
May 12 2017 - 6:00AM
Business Wire
$200M Investment Supports Revolutionary Glass Production
Methods
Apple® today announced Corning Incorporated will receive $200
million from Apple’s new Advanced Manufacturing Fund as part of the
company’s commitment to foster innovation among American
manufacturers. The investment will support Corning’s R&D,
capital equipment needs and state-of-the-art glass processing.
Corning's 65-year-old Harrodsburg facility has been integral to the
10-year collaboration between these two innovative 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 has committed to investing at least $1 billion with
US-based companies as part of the fund, which is designed to foster
innovative production and highly skilled jobs that will help lay
the foundation for a new era of technology-driven manufacturing in
the US.
“Corning’s longstanding relationship with Apple has not only led
to significant glass innovations that have enabled new capabilities
for consumers, it has also helped create nearly 1,000 American jobs
and allowed us to continue growing and expanding in the US,” said
Wendell P. Weeks, Corning’s chairman, chief executive officer and
president. “This investment will ensure our plant in Harrodsburg
remains a global center of excellence for glass technology.”
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.
Since the inception of Gorilla Glass in 2007, the partnership
between Apple and Corning has created and sustained nearly 1,000 US
jobs across Corning’s R&D, manufacturing and commercial
functions, including over 400 in Harrodsburg. Corning has
procured enough renewable energy to cover all of its Apple
manufacturing in the US.
Apple revolutionized personal technology with the introduction
of the Macintosh in 1984. Today, Apple leads the world in
innovation with iPhone, iPad, Mac, Apple Watch and Apple TV.
Apple’s four software platforms — iOS, macOS, watchOS and tvOS —
provide seamless experiences across all Apple devices and empower
people with breakthrough services including the App Store, Apple
Music, Apple Pay and iCloud. Apple’s more than 100,000 employees
are dedicated to making the best products on earth, and to leaving
the world better than we found it.
NOTE TO EDITORS: For additional information visit Apple’s PR
website (www.apple.com/newsroom), or call Apple’s Media Helpline at
(408) 974-2042.
© 2017 Apple Inc. All rights reserved. Apple and the Apple logo
are trademarks of Apple. Other company and product names may be
trademarks of their respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20170512005101/en/
AppleFred Sainz, 669-227-0492sainz@apple.comColin Johnson,
408-974-6284colin_johnson@apple.com
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