Corning Inc. in the context of Joint venture


Corning Inc. in the context of Joint venture

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⭐ Core Definition: 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. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (later Corelle Brands) to Borden.

As of 2014, Corning had five major business sectors: display technologies, environmental technologies, life sciences, optical communications, and specialty materials. Corning is involved in two joint ventures: Dow Corning and Pittsburgh Corning. The company completed the corporate spin-offs of Quest Diagnostics and Covance (now Fortrea) in January 1997. Corning is one of the main suppliers to Apple Inc. Since working with Steve Jobs in 2007, to develop the iPhone; Corning develops and manufactures Gorilla Glass, which is used by many smartphone makers. It is one of the world's biggest glassmakers. Corning won the National Medal of Technology and Innovation four times for its product and process innovations.

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Corning Inc. in the context of Southern Tier

The Southern Tier is a geographic subregion of the broader upstate region of New York State, geographically situated along or very near the state border with Pennsylvania. Definitions of the region vary widely, but generally encompass counties surrounding the Binghamton, Elmira-Corning, and Jamestown metropolitan areas, along with the land of the Seneca Nation. This region is adjacent to the Northern Tier of Pennsylvania, and both these regions together are known as the Twin Tiers.

Geographically, most of the Southern Tier resides in the Allegheny Plateau of the Appalachian Mountains, with the eastern areas of the region nestled in the western portion of the Catskill Mountains. A longtime home of the Iroquois Confederacy, European settlers moved to the region after the American Revolutionary War. The fertile yet hilly land, combined with sweeping river valleys, led the region to support a combination of manufacturing industries (including large companies such as IBM and Corning Inc.) and farming, but with less development compared to neighboring subregions of upstate. Since the 1950s, the area is often considered to be a part of the Rust Belt, as manufacturing jobs have left the region.

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