County ties up to $3 million to Corning job and investment goals
New Hanover County approved up to $3 million in performance-based incentives to support Corning’s proposed $585 million Wilmington-area expansion, which is expected to create 414 jobs. Wilmington City Council is considering an additional $2 million; payments would depend on the company meeting investment and job targets.
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About Corning Inc.
Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware. It divested its consumer product lines in 1998 by selling the Corning Consumer Products Company to Borden.
Everything about Corning Inc. →- Country
- United States
- Headquarters
- Corning
- Inception
- 1851
- Website
- http://www.corning.com/