Corning Inc. Awarded up to $32 Million to Boost Semiconductor Supply Chain

FOR IMMEDIATE RELEASE 

NOVEMBER 12, 2024

Washington, D.C. — Capitol Funding Solutions (CFS) is pleased to announce that a proposal written on behalf of Corning Inc. has been awarded up to $32 million in direct funding through the CHIPS Incentives Program for Commercial Fabrication Facilities. The funding, provided by the Department of Commerce’s (DOC) CHIPS Incentives Program, will support the expansion of Corning’s critical material productions at its Canton, NY, facility, enhancing the U.S. semiconductor supply chain and reinforcing national technology leadership. 

ABOUT THE PROJECT

The proposed funding will support Corning’s expansion in Canton, New York, enabling one of the region’s largest industrial employers to ramp up their HPFS Fused Silica and EXTREME ULE Glass production. These advanced materials are crucial to deep and extreme ultraviolet (DUV and EUV) lithography equipment, essential in the production of cutting-edge semiconductors. Corning’s new manufacturing technology will elevate EUV performance while reducing environmental impact, reinforcing a robust U.S. supply chain and supporting the nation’s technology leadership. 

Expected to generate over 300 jobs, this project represents a strong commitment to local economic growth. Corning’s partnership with United Steelworkers Local 1026 and the Bricklayers and Allied Craftworkers will aid in recruiting and retaining skilled workers, while the company’s new apprenticeship program will support long-term career pathways. Additionally, Corning’s $300,000 annual investment in the St. Lawrence County Childcare Training Program aims to strengthen childcare support in the region, aiding both current employees and future talent. This initiative will also align with the Upstate New York Investing in America Workforce Hub to equip New Yorkers with high-paying roles in the semiconductor supply chain, enhancing the regional workforce ecosystem. 

View the full list of awards here.  

ABOUT THE PROGRAM

The Department of Commerce’s CHIPS Incentives Program for Commercial Fabrication Facilities is a $39 billion program to revitalize the domestic semiconductor industry. The program seeks applications for projects exceeding $300 million to construct, expand, or modernize commercial facilities to fabricate leading-edge, current-generation, and mature-node semiconductors.

Learn more about the CHIPS Incentives Programs here.   

ABOUT CORNING INC. 

Corning Inc. is a global leader in materials science, transforming industries with innovative technologies that shape modern life. Through ongoing research and expertise in manufacturing, Corning advances life sciences, mobile electronics, optical communications, display technology, and automotive markets. The company’s trusted products support life-saving drug development, durable consumer devices, high-speed data transfer, immersive display experiences, and safer, smarter transportation, driving meaningful progress alongside customers worldwide. 

Learn more about Corning here.   

ABOUT CAPITOL FUNDING SOLUTIONS 

CFS specializes in strategic consulting and comprehensive proposal management to assist clients in finding and winning competitive funding. We provide unparalleled funding strategies that produce award-winning proposals for your organization. CFS serves a range of clients, leveraging our expertise to guide applicants through various award mechanisms from both public and private sources.

Learn more about CFS and our services here.

CONTACT INFORMATION 

Samantha Benthien, Director of Strategic Communications 

500 North Capitol St NW, Suite #210, Washington, DC, 20001 

sbenthien@capitolfunding.us 

www.capitolfunding.us