Corning Incorporated held the opening ceremony on 11 January 2006 of its new LCD glass substrate plant at the Central Taiwan Science Park in Taichung, Taiwan, which is set to become one of the world“…
Corning Incorporated held the opening ceremony on 11 January 2006 of its new LCD glass substrate plant at the Central Taiwan Science Park in Taichung, Taiwan, which is set to become one of the world“s largest. “The shared commitment between Corning, our customers and the Taiwan government has produced a triangle of success, leading Corning to further invest in technology and capacity to better serve Taiwan“s dynamic LCD panel industry,” James P. Clappin, president, Corning Display Technologies, said during his address to the many officials, customers and employees gathered for the grand opening celebration. Corning says the official opening of the Taichung facility is a milestone in several ways. The facility represents Corning“s largest capital investment announced for a single manufacturing facility worldwide at approximately USD 1.5 billion. Moreover, when complete, the facility will be among the largest LCD glass substrate manufacturing facilities in the world and is designed for further expansion as needed to keep pace with the growth of Corning“s customers. Eugene A. Verdon Jr., president, Corning Display Technologies Taiwan, expressed his appreciation to government officials, employees and customers who helped make this event possible, “The end result of all your incredible efforts is that we“re standing in what will be one of the largest LCD glass facilities in Taiwan or around the globe. Not only do we expect Taiwan“s market to grow, but we also anticipate that the innovations and technological advances made in Taiwan will shape the global LCD industry.” “Additionally,” Verdon continued, “A team of talented, bright individuals will be vital to the success of our business and that of the TFT-LCD industry in Taiwan.” As a result of the development of the Tainan and Taichung facilities, Corning plans to hire and train hundreds of engineers, skilled technical workers and commercial staff for both facilities.