Apple Allocates $250M From The U.S. Manufacturing Fund For Corning

By John Heerdink LinkedIn

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.

Reportedly, Apple awarded $250 million to Corning Inc, maker of Gorilla Glass to investing in advanced U.S. manufacturing. Previously, Apple had awarded $200 million to Corning in May 2017. Glass for most of the Apple gadgets including the Apple watch is manufactured in Corning’s Harrodsburg, Kentucky, location.

“Apple and Corning’s rich history dates back more than a decade, and our partnership revolutionized glass and transformed the technology industry with the first iPhone,” stated  Apple’s chief operating officer, Jeff Williams.

Terms of the deal were not disclosed.

To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.

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(Read Original Story: Apple awards Gorilla Glass maker Corning $250M from U.S. manufacturing fund (photos) in American City Business Journals)


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