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MegadealsSubsidy Tracker Individual Entry
Company: Corning Incorporated
Parent Company:
Corning Inc.
Subsidy Source: federal
State in Which Facility Is Located: New York
City: Erwin
Project Description: Corning Incorporated was selected for a $30 million 48C Tax Credit to expand the manufacturing capacity of its diesel emissions control products facility in Erwin, N.Y. The site development and infrastructure enhancements support domestic and international demand for ceramic substrates and filters for heavy-duty diesel engine, truck, construction and agricultural equipment. This will result in a significant decrease in emissions. Corning?s project benefits the local economy with an estimated 200-250 permanent manufacturing and warehouse jobs and 275 temporary construction jobs.
Year: 2013
Major Industry of Parent: miscellaneous manufacturing
Specific Industry of Parent: glass & ceramic products
Subsidy Value: $30,000,000
Program Name: Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency: Department of Energy
Type of Subsidy: federal allocated tax credit
Source of Data: Attachment to December 12, 2013 Energy Department press release:
(click here)
Notes: Year is year credit approval was announced.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.