Corning to Nearly Double Fiber Output With Ariz. Plant
Corning, with AT&T support, plans to open a fiber plant outside Phoenix in 2024, said the glass maker Tuesday. Corning said it will nearly double its cable capacity. It said the Arizona location will let it more easily serve demand in the western U.S. and Canada. Corning's fiber and cable "demand signals" continue to be "quite robust," said CEO Wendell Weeks on a Q2 earnings call July 26, "and if we could make more fiber and cable, we could sell more fiber and cable."