Corning Incorporated (NYSE: GLW) is expanding manufacturing capacity for optical cable, based on a long-term relationship with AT&T (NYSE: T), one of the nation’s largest fiber internet providers. The carrier said the strategic arrangement is in response to its expanding fiber service. Corning will build a new cable manufacturing facility in Gilbert, AZ, located in the Greater Phoenix region, adding approximately 250 jobs and extending Corning’s strategic investments in optical fiber, cable, and connectivity solutions to meet record demand.
The new facility is Corning’s latest in a series of investments in fiber and cable manufacturing totaling more than $500 million since 2020. These investments, supported by customer commitments, nearly double Corning’s ability to serve the U.S. cable market and connect more people and communities. The Arizona facility, expected to open in 2024, will be the industry’s western-most U.S. manufacturing site for optical cable designed to help Corning serve what it sees as a growing demand in the western U.S. and Canada.
“This investment is a significant step forward for our country and building world-class broadband networks that will help narrow the nation’s digital divide,” said AT&T Chief Executive Officer John Stankey. “This new facility will provide additional optical cable capacity to meet the record demand the industry is seeing for fast, reliable connectivity. We are also working with Corning to create training programs to equip the next generation of technicians with the skills to build the networks that will expand high-speed internet access to millions of Americans.”
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