US Corning has announced that it will spend $60 million to build a new fiber optic cable manufacturing facility in a new business park in Catawba County, North Carolina, which is expected to create up to 110 jobs locally.filling compound for optical fiber cable
According to reports, the new plant covers an area of 27 acres, and is the first manufacturing enterprise in the business park to sign a contract. Corning’s choice to build a new fiber optic cable plant here will result in a range of government incentives, including $605,000 worth of land and up to $1.7 million in tax rebates in five years.filling compound for optical fiber loose tube
Corning is committed to creating 75 new jobs by December 31, 2020, the remainder will be completed by December 31, 2023.
Corning said the company needs to expand its capacity to meet the growing demand for fiber optic cables.
Dr. Bernhard Deutsch, vice president and general manager of Corning Fiber and Cable, said in a statement: "As more and more connected devices bring demand to our fiber and cable innovations, Corning is investing in future's growth. ”water blocking glass yarn