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Corning to Close Fountain Valley Plant

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CORNING, N.Y., Feb. 13 -- Corning Inc. announced today it will discontinue commercialization of its wavelength switch and wavelength blocker product lines and that it will close its Fountain Valley, Calif., facility, eliminating 190 jobs. As part of its plan to restore profitability in 2003, Corning said it has determined it needs to take another step to rationalize product lines and improve the positioning of its photonics technologies business. This decision extends solely to the wavelength blocking and wavelength switching product lines. Corning is working with its customers to resolve...Read full article

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    Published: February 2003
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