Corning Plans 414 Jobs Over Five Years in a $585 Million Expansion of Its Wilmington, N.C., Fiber Plant

Employers

Corning Incorporated will invest $585 million to expand its optical fiber manufacturing campus in Wilmington, North Carolina, and plans to add 414 jobs there over the next five years, Wilmington Business Development announced Wednesday, Oct. 21. The new positions are projected to average more than $85,000 a year.

The hiring is a five-year plan, not a set of openings available now. Corning already employs about 1,000 people at the Wilmington site, and the 414 positions would be added on top of that workforce as the expansion comes online. A Corning spokesperson told the Greater Wilmington Business Journal that the project is expected to come online in phases, “with the full capacity ramp extending over the next several years.”

The jobs, by type and pay

The economic development group’s release puts average pay for the new jobs above $85,000, compared with an overall New Hanover County average wage of about $70,000, which it attributes to the U.S. Bureau of Labor Statistics. Once hiring is complete, it says, the expansion will add more than $35 million a year in payroll in the Greater Wilmington region.

A more detailed breakdown came from New Hanover County’s chief financial officer, Eric Credle, who told commissioners on Monday, Oct. 19, that the proposed roles include 15 support engineers with an average annual wage of $132,000, 60 salaried engineers averaging $119,000, and 339 production and maintenance employees averaging $77,000, according to the Business Journal. Those three groups add up to the 414 total. In other words, roughly four of every five new jobs are expected to be production and maintenance roles, and their projected average sits below the overall $85,000 figure that leads the announcement.

Incentives tied to performance

The incentives disclosed so far are local. New Hanover County commissioners voted Monday, Oct. 19, to approve up to $3 million, paid at up to $600,000 a year for five years from the county’s general fund, WECT reported. Wilmington City Council voted unanimously on Tuesday, Oct. 20, to approve up to $2 million, paid at $400,000 a year for five years. The combined package is $5 million.

The payments depend on Corning meeting job creation, wage and investment targets in the incentive agreement. Dennis LaCaria, the city’s chief of staff, said at Tuesday’s meeting that missed targets would reduce the incentive proportionally and that the agreement includes recapture provisions if the project fails, according to the Business Journal. None of the documents reviewed for this report described a state grant for the project.

Wilmington Business Development CEO Scott Satterfield said the company had considered other locations, including sites in South Carolina, Texas, India and China, the Business Journal reported. During its confidential phase, the site search was known as “Project Pearl 2.”

Why Corning is expanding

The release ties the expansion to demand for optical fiber from AI network operators and telecommunications companies building out their networks, and says the plant will supply fiber for next-generation networks and long-term customer agreements Corning has announced.

Corning first came to Wilmington in 1966, initially making electric resistors. After Corning engineers invented the first low-loss optical fiber in 1970, the Wilmington operation became the world’s first fiber optic manufacturing plant. The company, headquartered in Corning, N.Y., says it employs more than 70,000 people worldwide.

A training route already in place

For people interested in the production and maintenance roles, the release points to an existing pipeline: the Corning Technician Pipeline Program, a two-year apprenticeship run with Cape Fear Community College that graduated its first class in May 2023. At Tuesday’s council meeting, council member JC Lyle stressed preparing local residents for jobs like these and planning housing for workers the company recruits from elsewhere, the Business Journal reported. Corning has not published a hiring timeline by role or year, so the pace of hiring within the five-year window remains unclear.

Sources

Featured photo: Corning Incorporated's manufacturing plant in Wilmington, North Carolina, seen from U.S. 117 on June 19, 2022. Photo: DiscoA340, via Wikimedia Commons (CC BY-SA 4.0). Cropped from the original.

Hot this week

The Upside: In Cobb County Care Work, the First Rung Doesn’t Require a License

Care work is often described as one job. Read the Marietta postings that two care employers had open at the start of November side by side, and it looks more like a staircase with several places to step on. The lowest step asks for a high school diploma and a willingness to learn.

OPM Final Rule Requires Every Federal Agency to Run Hiring Through a Leadership Committee and Annual Staffing Plan

The Office of Personnel Management has finalized a rule that writes into federal regulations a requirement that every covered agency run its hiring through a Strategic Hiring Committee of senior agency leaders and an Annual Staffing Plan that must be updated each quarter for OPM and the White House

Labor Department Finalizes Rule Making Pharmacy Benefit Managers Disclose Their Pay to Large Self-Insured Employer Plans

The U.S. Labor Department published a final rule on Monday, Nov. 2, requiring pharmacy benefit managers to tell large self-insured employer health plans how much they are paid, including money they collect from drugmakers and other third parties.

Cognizant Adds 10,100 Workers in a Year, Even as It Says Over Half Its Code Is Now AI-Assisted

Cognizant, the Teaneck, N.J.-based technology services company, ended September with 359,900 employees, 10,100 more than a year earlier, even as its chief executive said more than half of the company's software code is now written with help from artificial intelligence.

Intel Ended the Third Quarter With 81,100 Employees, 7,300 Fewer Than a Year Earlier, as Revenue Rose 21%

Intel Corp. had about 81,100 employees at the end of its third quarter, roughly 7,300 fewer than a year earlier, even as the chipmaker reported a 21% jump in revenue, according to the third-quarter results it released on Thursday, Oct. 29, and filed with the Securities and Exchange Commission.

Topics

The Upside: In Cobb County Care Work, the First Rung Doesn’t Require a License

Care work is often described as one job. Read the Marietta postings that two care employers had open at the start of November side by side, and it looks more like a staircase with several places to step on. The lowest step asks for a high school diploma and a willingness to learn.

OPM Final Rule Requires Every Federal Agency to Run Hiring Through a Leadership Committee and Annual Staffing Plan

The Office of Personnel Management has finalized a rule that writes into federal regulations a requirement that every covered agency run its hiring through a Strategic Hiring Committee of senior agency leaders and an Annual Staffing Plan that must be updated each quarter for OPM and the White House

Labor Department Finalizes Rule Making Pharmacy Benefit Managers Disclose Their Pay to Large Self-Insured Employer Plans

The U.S. Labor Department published a final rule on Monday, Nov. 2, requiring pharmacy benefit managers to tell large self-insured employer health plans how much they are paid, including money they collect from drugmakers and other third parties.

Cognizant Adds 10,100 Workers in a Year, Even as It Says Over Half Its Code Is Now AI-Assisted

Cognizant, the Teaneck, N.J.-based technology services company, ended September with 359,900 employees, 10,100 more than a year earlier, even as its chief executive said more than half of the company's software code is now written with help from artificial intelligence.

Intel Ended the Third Quarter With 81,100 Employees, 7,300 Fewer Than a Year Earlier, as Revenue Rose 21%

Intel Corp. had about 81,100 employees at the end of its third quarter, roughly 7,300 fewer than a year earlier, even as the chipmaker reported a 21% jump in revenue, according to the third-quarter results it released on Thursday, Oct. 29, and filed with the Securities and Exchange Commission.

Tronix3D Plans 47 New Pittsburgh Jobs in $4 Million 3D-Printing Expansion Backed by State Grant Offer

Tronix3D, a Pittsburgh 3D-printing company, plans to invest nearly $4 million to more than triple its production space and add 47 jobs over the next three years, Pennsylvania officials announced Friday, Oct. 30.

Cobb County Fire Opens November Firefighter Recruitment for New and Lateral Hires; Applications Close Nov. 5

Cobb County Fire and Emergency Services opened a November firefighter recruitment on Friday, Oct. 30, for both people with no fire experience and certified firefighters transferring from other departments. Applications close Thursday, Nov. 5, at 11:59 p.m. Eastern, according to the county's posting.

Per Scholas Atlanta Takes Applications Through Nov. 23 for Free 15-Week Data Center Technician Class Starting Dec. 7

Per Scholas, the nonprofit tech-training organization, is taking applications through Monday, Nov. 23, for a no-cost Data Center Technician with AI Tools class in Atlanta that starts Monday, Dec. 7.
spot_img

Related Articles

Popular Categories

spot_imgspot_img