Apple to spend $200 million supporting Corning plant in Ky

Steve Jobs original iPhone

Steve Jobs original iPhone

In investing in its suppliers and manufacturing concerns, Apple has placed its faith and trust, as well as its money, on the line with respect to the success of Corning. The investment is part of a $1 billion commitment on USA manufacturing. Corning will be able to leverage the $200 million investment, which will go toward equipment, glass processing, and research and development, to make new versions of its extra-strength glass. The companies say their partnership has sustained 1,000 jobs, including 400 in Harrodsburg.

The money will come from Apple's new Advanced Manufacturing Fund, which the company says will invest $1 billion with USA -based companies to develop innovative production and skilled jobs.

The move comes at a time when President Donald Trump has pressured companies to invest in employees and facilities in the US.

If you've been waiting for a sapphire glass for iPhone display, stop holding your breath because Apple's $200 million investment in Corning says that's not going to happen. On May 04 Apple launched a new website promoting the company's contribution of two million jobs in the U.S. Today Apple revealed that they've awarded Corning first Advanced Manufacturing Fund Investment.

Back at the beginning of the month, Apple CEO Tim Cook announced that his company would set aside $1 billion for a new "Advanced Manufacturing Fund".

Corning, as everyone knows, manufactures the glass that Apple has used in iPhones and iPads since day one.

In a statement, Apple's COO Jeff Williams said, "Corning is a great example of a supplier that has continued to innovate and they are one of Apple's long-standing suppliers".

Corning CEO Wendell P. Weeks says the decade-long partnership with Apple has helped create almost 1,000 U.S.jobs in the company, including 400 in Harrodsburg.

The Kentucky plant is the birthplace of Gorilla Glass and produced the glass screens for the first iPhone in 2007. Pushing its commitment to extending its 100% renewable energy goal to its suppliers, the iPhone maker said Corning will adhere to renewables when making products for Apple, notes 9to5mac.

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