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Corning Inc. – Corporate Bond | News, Rates, Quotes & Bond List

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Corporate Bond Information: Corning Incorporated

Corning Incorporated (NYSE: GLW) is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known as Corning Glass Works until 1989, when it changed its name to Corning Incorporated. While probably best known for its line of Corelle tableware and Pyrex cookware (businesses which it sold but still holds an ~8% interest in) Corning has transformed itself over the years into a high technology company, allocating a significant amount of resources towards research and development. As of 2008, Corning’s businesses are broken down and focused into five major sectors: Display Technologies, Environmental Technologies, Life Sciences, Telecommunications and Specialty Materials. Corning is also involved in several joint equity ventures, the most notable being the Dow Corning Corporation.

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This Weeks Selected High Yielding Bond Idea 


Corning Incorporated
Type Public (NYSE: GLW)
Founded 1851
Headquarters Corning, New York, USA
Key people Wendell P. Weeks, Chairman and CEO
James B. Flaws, Vice Chairman and Chief Financial Officer
Peter F. Volanakis, President and Chief Operating Officer
Industry Materials Manufacturer
Products Specialty Glass, Ceramics, Optical Fiber, Cable, Hardware & Equipment, Emissions Control Technology, LCD Glass, Life Sciences Equipment and Products
Revenue US$5.9 billion (2008)
Operating income US$1.520 billion (2008)
Net income US$2.4 billion, excluding special items (2008)
Employees 25,000 (2007)
Website http://www.corning.com

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