December 11, 2008
Corning and Horizon Chillicothe Telephone Bring Broadband to Darbyville, Ohio
Corning Incorporated and Horizon Chillicothe Telephone have signed a Corning Connected Community™ Program agreement to support the deployment of optical fiber cable manufactured by Corning Cable Systems LLC (part of Corning's Telecommunications segment) in the village of Darbyville, Ohio. The resulting network will bring broadband Internet access to the village of less than 300 residents.
In 2007, USDA Rural Development awarded Horizon Chillicothe Telephone with a federal grant to build an advanced fiber-to-the-home (FTTH) broadband network as part of a project including the Darbyville Community Technology Center.
The Darbyville Community Technology Center will house multiple computer terminals and will be a wireless Internet access point for the surrounding park where it is located. There will be dedicated space for educational purposes and equipment to conduct teleconferencing. The USDA Rural Development hosted an open house that took place at the new community center in Darbyville on Tuesday, Nov. 18.
October 29, 2008
Corning Announces Third-Quarter Results
Corning Incorporated today announced results for the third quarter 2008.
Third-Quarter Highlights
Sales were $1.56 billion, about even with last year’s third quarter.
Earnings per share (EPS) were $0.49; including net special gains of $36 million or $0.03 per share.
Excluding special items, EPS was $0.46,* up 21% over last year’s results, due in part to favorable exchange-rate movements.
Display Technologies’ combined LCD glass volume, including Corning’s wholly owned business and Samsung Corning Precision Glass Co., Ltd. (SCP), was up 2% sequentially and 18% year over year. Volume from Corning’s wholly owned business decreased 10% sequentially and 2% year over year. Samsung Corning Precision’s volume increased 12% sequentially and 38% year over year.
October 16, 2008
Corning® ClearCurve™ Optical Fiber Awarded R&D Magazine's 2008 R&D 100 Award
Corning Incorporated will receive R&D Magazine's respected 2008 R&D 100 Award for its innovative ClearCurve™ optical fiber at a ceremony this evening in Chicago, Ill. The award recognizes the 100 most technologically significant new products of the year.
This is the sixth industry award that Corning ClearCurve fiber has received since its introduction in 2007. Corning has previously won this award for technologies such as LEAF® optical fiber, MetroCor® optical fiber and Polarcor™ polarizing glass.
October 01, 2008
Corning Declares Quarterly Dividend
The Board of Directors of Corning Incorporated today declared a quarterly dividend on the company's common stock of $0.05 per share, payable December 16, 2008, to holders of record November 17, 2008.
September 04, 2008
Corning Announces Commercial Agreement with HighRes Biosolutions
Companies to Cooperate on Next-Generation Medium- to High- Throughput Systems
Corning Incorporated a global supplier of scientific laboratory and drug discovery products for more than 90 years, today announced the signing of a commercial agreement with HighRes Biosolutions Inc. of Woburn, Mass. to develop innovative consumables to meet the needs of medium-to high-throughput screening customers. HighRes Biosolutions is a leading manufacturer of high-end automation for high-throughput screening (HTS). Under the terms of the agreement, a newly developed, next generation consumable will be manufactured and sold exclusively through Corning, but co-marketed by both companies. This innovative product is expected to be available the first quarter of 2009.
August 08, 2008
Corning Enters Second Year of Lab Grant Program for Cell Culture Research
Corning Incorporated a global supplier of scientific laboratory and drug discovery products for more than 90 years, today announced that its grant program for researchers opening new laboratory facilities will award six grants to researchers throughout 2008. The program was originated in 2007 as part of Corning’s celebration of the industry’s 100th anniversary of cell culture.
Recipients receive a $2,000 grant, payable in the form of Corning®, Costar® or PYREX® laboratory products for use in cell culture research at their new facility. To date, Corning has issued grants to researchers at leading institutions including Spelman College, University of California-Davis, Baylor College of Medicine, and Children’s Hospital of Philadelphia.
July 31, 2008
Corning Receives Corporate Technical Achievement Award from American Ceramic Society
Corning Incorporated announced today the company has been awarded the Corporate Technical Achievement Award by the American Ceramic Society. Corning was honored for developing the DuraTrap® AT filter which is used in advanced mobile emission control systems to significantly reduce particulate matter from the exhaust of diesel vehicles. This award recognizes outstanding, commercialized technologies that improve our society.
Introduced in 2005, Corning DuraTrap® AT filters are made of a unique aluminum titanate material that delivers enhanced durability, high filtration efficiency and excellent pressure drop within exhaust aftertreatment systems. DuraTrap® AT filters are being used globally to help customers, including Volkswagen AG and Hyundai-Kia Motors, meet increasingly stringent particulate emissions regulations. They are designed for use in light-, medium- and heavy-duty vehicles.
May 21, 2008
Jim Young Construction Company, Inc. Becomes Newest Member of the Corning Total Access ProgramSM (TAP)
Corning Cable Systems LLC, part of Corning Incorporated's Telecommunications segment, announces Jim Young Construction Company, Inc. as the newest member of the selective Corning Total Access ProgramSM (TAP).
Corning's TAP provides highly qualified design, engineering, furnishing and installation companies with the tools necessary to ensure successful fiber-to-the-home (FTTH) and wireless deployments. Certified TAP members receive all-inclusive access to Corning's innovative and reliable FTTH solutions. After completing specialized training in the installation of optical access networks, TAP members are able to offer their customers an extended product warranty on complete Corning FTTH solutions.
Jim Young Construction Co., Inc. is a privately owned enterprise established in 1978 with extensive experience in all types of fiber-optic construction, including FTTH, intra-exchange trunking and long-haul applications. The company provides full-service outside plant construction to telecommunication service providers. Jim Young Construction Co., Inc. delivers quality and value-based services to a client base that includes consumer-owned cooperatives, privately held corporations and large publicly-held corporations. The company is licensed in Ga., Ala., N.C. and S.C.
June 12, 2008
Corning Announces Significant Milestone in High-Throughput Label-Free Screening for Drug Development
Corning Incorporated today announced the completion of two independent high-throughput label-free screens believed to be the largest ever publicly announced label-free screens to date. Renowned scientists from two of the top 10 pharmaceutical companies each screened 100,000 drug candidates in high throughput using the label-free Corning® Epic® System. These two screens represent a major milestone in accelerating drug discovery using label-free technology.
May 14, 2008
Corning Introduces the Green Laser G-1000 at SID Display Week 2008
Corning Incorporated will introduce the Corning® Green Laser G-1000 at the Display Week 2008 conference held by the Society for Information Display (SID) in Los Angeles, Calif., May 18-23. The high efficiency, high speed and small size of the Corning Green Laser G-1000 device were designed for integration into laser-based micro-projectors for embedded handsets and other mobile devices.
April 01, 2008
Corning Introduces Integrated Liquid-Handling Accessory for the Epic® System
Enables automated label-free biochemical and cell-based assays
Corning Incorporated today announced the introduction of an automated liquid-handling accessory (LHA) that integrates with the Corning® Epic® System for high-throughput label-free assays.
"Corning developed this innovative accessory to meet the increasing demand for integrated liquid-handling capability with label-free assays," said Ron Verkleeren, business director, Corning Epic System. "This new accessory provides our Epic customers with the added benefit of automated liquid handling and plate stacking in an easy-to-use, compact footprint."
The Epic LHA includes a 384-well pipettor, a microplate stacker that can handle up to 20 lidded 384-well microplates and an automated tip wash station. The liquid-handling system has been designed to maintain thermal stability in order to eliminate artifacts from laboratory temperature fluctuations.
The Corning Epic System is the world's first high-throughput label-free drug discovery system. It uses patented optical biosensor technology to perform label-free biochemical and cell-based assays. The system is sensitive enough to measure the cell response from endogenous receptor expression on primary or non-engineered cell lines, along with protein/drug direct binding events in biochemical assays. It has been sold and deployed to customer sites in North America, Europe and Asia since its launch in 2006.
March 27, 2008
Corning Introduces Suite of High-Temperature/Harsh-Environment Specialty Fibers
Corning Incorporated announced today the introduction of a suite of Corning® High-Temperature/Harsh-Environment Specialty Fibers. Corning's new products include single-mode and multimode fibers with polyimide coatings in both hermetic and non-hermetic formats. These new fibers are designed to exceed the requirements for high-temperature sensor applications, which include a high resistance to hydrogen permeation, excellent fiber fatigue performance and high usable strength.
Corning's polyimide-coated fiber has an engineered high-temperature polymer that exhibits thermal stability up to 300 degrees Celsius, superior mechanical toughness and outstanding chemical resistance. Corning's coating process provides a consistent and repeatable coating layer from lot to lot which allows customers to consistently operate their processes. The multimode fiber is useful for Distributed Temperature Sensing (DTS) applications and the single-mode fiber can be utilized for Fiber Bragg Grating (FBG) point sensing, such as engine or pipeline monitoring.
February 26, 2008
Corning Unveils ClearCurve™ Product Suite Optimized for European MDU Market
Revolutionary optical fiber, cable, hardware and equipment solution based on Corning nanostructures technology
Corning Incorporated today unveiled its ClearCurve™ optical fiber-based product suite optimized for the European market at the Fiber-to-the-Home (FTTH) Conference in Paris. Corning's ClearCurve solution was first introduced last October during the U.S. FTTH Conference in Orlando, Fla. The product suite helps overcome the installation challenges in multiple-dwelling units (MDUs) by providing a bend-insensitive fiber optimized for the strenuous deployment conditions seen in these complexes.
Corning is presenting its new ClearCurve riser cable assembly and drop cable at the Paris show. These products help solve the historical technical challenges faced by telecommunications carriers installing FTTH networks in European high-rise apartment buildings and MDUs. This solution is based on Corning's ClearCurve optical fiber which features the company's revolutionary nanoStructures™ fiber design. With this design the optical fiber maintains its signal strength when bent or curved, with performance results 100 times better than standard single-mode fibers and an order of magnitude better than other backwards-compatible bend fibers. The new fiber also enables simpler and more aesthetically pleasing designs for cable, hardware and equipment in MDU deployments.
