Corning Buying Component Biz
CORNING, N.Y., Aug. 4, 2008 -- Specialty glass and ceramics giant Corning Inc. will acquire Optimum Manufacturing Corp. for its Specialty Materials unit,the company announced today. Terms of the deal were not disclosed.
Located in Charlestown, N.H., Optimum makes precision-machined components for the aerospace and defense, scientific, medical, and communications industries, including optical housings, mirror blanks and satellite components. The company will become part of Corning's Specialty Materials segment, which...