Corning Breaks Ground on LCD Glass Finishing Plant

Corning Inc. announced today that its wholly owned subsidiary in the People’s Republic of China hosted a groundbreaking ceremony for a new liquid crystal display (LCD) glass substrate finishing facility. Corning was the first TFT-LCD glass substrate supplier to announce it would locate a production facility on the China mainland. The facility, located in the Beijing Economic Technological Development Area, is expected to open in the first half of 2008. "The plant that will be built on this site will become a dynamic symbol of our commitment to the growing Chinese TFT-LCD industry," said Wendell P. Weeks, president and CEO of Corning, who spoke at a groundbreaking ceremony. Clark S. Kinlin, CEO, Greater China; James P. Clappin, president, Corning Display Technologies; and John P. Bayne, president, Corning Display Technologies China, also attended.