Subsidy Tracker Parent Company Summary
Parent Company Name:
Corning
Ownership Structure:
publicly traded (ticker symbol GLW)
Headquartered in:
New York
Major Industry:
miscellaneous manufacturing
Specific Industry:
glass & ceramic products
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $217,272,698 | 255 |
| Federal (grants and allocated tax credits) | $45,353,826 | 11 |
| TOTAL | $262,626,524 | 266 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $500,000 | 1 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $500,000 | 1 |
Time Period for State and Local Awards:
Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
CORMETECH; CORNING; CORNING 2016; CORNING CANTON; CORNING CANTON PLANT EXPANSION; CORNING DIESEL; CORNING DIESEL PLANT EXPANSION; CORNING OPTICAL COMMUNICATIONS CABLE; CORNING PHARMACEUTICAL GLASS; US CONEC
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| New York | $177,002,655 | 183 |
| Kentucky | $19,951,223 | 10 |
| North Carolina | $10,122,885 | 46 |
| New Jersey | $8,325,000 | 1 |
| Maine | $1,414,841 | 9 |
| All other | $456,094 | 6 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Corning Incorporated | New York | state | 2015 | $40,000,000 | tax credit/rebate | |
| Corning Incorporated | United States | federal | 2013 | $30,000,000 | federal allocated tax credit | |
| Corning Pharmaceutical Glass, LLC | New Jersey | state | 2016 | $8,325,000 | tax credit/rebate | |
| Corning Property Management Corporation | New York | state | 2012 | $6,249,271 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2013 | $6,063,282 | enterprise zone | |
| Corning Incorporated | Kentucky | state | 2013 | $6,000,000 | tax credit/rebate | |
| Corning Property Management Corporation | New York | state | 2011 | $5,951,553 | enterprise zone | |
| Corning Property Management Corp. | New York | state | 2007 | $5,914,526 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2008 | $5,871,479 | enterprise zone | |
| Corning Property Management Corp. | New York | state | 2006 | $5,801,310 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2014 | $5,771,944 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2010 | $5,749,869 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2015 | $5,670,854 | enterprise zone | |
| Corning Incorporated - Canton | New York | state | 2002 | $5,650,000 | enterprise zone | |
| Corning Incorporated Diesel | New York | state | 2002 | $5,650,000 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2009 | $5,558,641 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2004 | $5,389,443 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2005 | $5,153,811 | enterprise zone | |
| Corning Incorporated | New York | state | 2001 | $4,750,000 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2003 | $4,659,200 | enterprise zone | |
| Corning Incorporated | Kentucky | state | 2010 | $4,500,000 | tax credit/rebate | |
| Corning Incorporated | Kentucky | state | 2013 | $4,500,000 | tax credit/rebate | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2012 | $4,312,077 | tax credit/rebate; property tax abatement | |
| Corning Property Management Corporation | New York | state | 2002 | $3,805,000 | enterprise zone | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2013 | $3,774,128 | tax credit/rebate; property tax abatement | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2014 | $3,174,721 | tax credit/rebate | |
| CORNING INCORPORATED | United States | federal | 2005 | $3,058,064 | federal grant | |
| Corning Incorporated | Kentucky | state | 2001 | $3,000,000 | tax credit/rebate | |
| CORNING, INC. | United States | federal | 2004 | $2,649,407 | federal grant | |
| Corning Optical Communications LLC (Cable) | North Carolina | state | 2016 | $2,572,000 | grant | |
| CORNING INCORPORATED | United States | federal | 2004 | $2,500,000 | federal grant | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2015 | $2,322,764 | tax credit/rebate | |
| CORNING INCORPORATED | United States | federal | 2006 | $2,288,748 | federal grant | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2008 | $1,916,701 | tax credit/rebate; property tax abatement | |
| CORNING INCORPORATED | United States | federal | 2003 | $1,777,532 | federal grant | |
| Corning Inc. Diesel Plant Expansion | New York | local | 2014 | $1,710,395 | tax credit/rebate | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2011 | $1,704,128 | tax credit/rebate; property tax abatement | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2010 | $1,549,383 | tax credit/rebate; property tax abatement | |
| Corning Inc. Upgrade of Integrated Die Manufacturing | New York | local | 2011 | $1,517,701 | tax credit/rebate; property tax abatement | |
| Corning, Inc. | North Carolina | state | 2015 | $1,328,740 | tax credit/rebate | |
| Corning Incorporated Diesel | New York | state | 2003 | $1,278,238 | enterprise zone | |
| Corning , Inc. | North Carolina | state | 2013 | $1,212,901 | tax credit/rebate | |
| Corning Inc. Expansion of Glass Research | New York | local | 2011 | $1,160,830 | tax credit/rebate; property tax abatement | |
| CORNING INTELLISENSE CORPORATION | United States | federal | 2003 | $1,006,466 | federal grant | |
| Corning Incorporated | Kentucky | state | 2010 | $1,000,000 | tax credit/rebate | |
| Corning Inc. Diesel Plant Expansion | New York | local | 2015 | $960,825 | tax credit/rebate | |
| CORNING INTELLI SENSE CORPORATION | United States | federal | 2002 | $958,546 | federal grant | |
| Corning, Inc. | North Carolina | state | 2015 | $752,966 | tax credit/rebate | |
| Corning Optical Communications LLC | North Carolina | local | 2015 | $748,303 | grant | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2007 | $724,154 | tax credit/rebate; property tax abatement | |
| Corning Inc. Diesel Plant Expansion | New York | local | 2013 | $692,574 | tax credit/rebate; property tax abatement | |
| Corning Incorporated | New York | state | 2002 | $655,000 | enterprise zone | |
| CORNING INCORPORATED | United States | federal | 2002 | $600,000 | federal grant | |
| Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2009 | $581,225 | tax credit/rebate; property tax abatement | |
| Corning Incorporated | Kentucky | state | 2013 | $500,000 | tax credit/rebate | |
| Corning Inc. Diesel Plant Expansion | New York | local | 2016 | $496,975 | tax credit/rebate | |
| Corning Property Management Corporation | New York | state | 2005 | $440,171 | enterprise zone | |
| Corning Optical Communications LLC | North Carolina | local | 2015 | $439,147 | grant | |
| Corning | North Carolina | local | 2016 | $435,300 | grant | |
| Corning Property Management Corp. | New York | state | 2006 | $431,949 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2004 | $399,611 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2003 | $391,561 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2002 | $385,000 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2008 | $382,807 | enterprise zone | |
| Corning Property Management Corp. | New York | state | 2007 | $370,856 | enterprise zone | |
| Corning Inc. Headquarters Expansion | New York | local | 2009 | $367,195 | tax credit/rebate; property tax abatement | |
| Corning Property Management Corporation | New York | state | 2009 | $361,391 | enterprise zone | |
| Corning Inc. Headquarters Expansion | New York | local | 2010 | $358,444 | tax credit/rebate; property tax abatement | |
| Corning Inc. Headquarters Expansion | New York | local | 2012 | $351,445 | tax credit/rebate; property tax abatement | |
| Corning Inc. Headquarters Expansion | New York | local | 2013 | $340,006 | tax credit/rebate; property tax abatement | |
| Corning Property Management Corporation | New York | state | 2010 | $338,818 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2011 | $337,897 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2012 | $319,815 | enterprise zone | |
| Corning Inc. Diesel Plant | New York | local | 2008 | $310,235 | tax credit/rebate; property tax abatement | |
| Corning Inc. Expansion of Glass Research | New York | local | 2012 | $299,455 | tax credit/rebate; property tax abatement | |
| Corning Property Management Corporation | New York | state | 2015 | $292,664 | enterprise zone | |
| CORNING INCORPORATED | United States | federal | 2004 | $292,595 | federal grant | |
| Corning Property Management Corporation | New York | state | 2013 | $282,437 | enterprise zone | |
| Corning Property Management Corporation | New York | state | 2014 | $280,921 | enterprise zone | |
| Corning Inc. Sullivan Park Phase II | New York | local | 2010 | $279,014 | tax credit/rebate; property tax abatement | |
| Corning Incorporated | North Carolina | state | 2008 | $279,000 | tax credit/rebate | |
| Corning Inc. Diesel Plant | New York | local | 2007 | $274,659 | tax credit/rebate; property tax abatement | |
| Corning Incorporated | Kentucky | state | 2010 | $250,000 | grant | |
| Corning Cable Systems, LLC | North Carolina | state | 2011 | $246,471 | tax credit/rebate | |
| Corning Inc. Diesel Plant | New York | local | 2013 | $224,288 | tax credit/rebate; property tax abatement | |
| CORNING INCORPORATED | United States | federal | 2003 | $222,468 | federal grant | |
| Corning Inc. Sullivan Park Phase III | New York | local | 2009 | $211,569 | tax credit/rebate; property tax abatement | |
| Corning Inc. Headquarters Expansion | New York | local | 2008 | $202,699 | tax credit/rebate; property tax abatement | |
| Corning Inc. Upgrade of Integrated Die Manufacturing | New York | local | 2012 | $199,821 | tax credit/rebate; property tax abatement | |
| CORNING INC | Maine | state | 2009 | $195,972 | property tax abatement | |
| Corning Inc. Headquarters Expansion | New York | local | 2014 | $193,652 | tax credit/rebate | |
| Corning Inc. Sullivan Park Phase II | New York | local | 2007 | $186,508 | tax credit/rebate; property tax abatement | |
| Corning Inc. Sullivan Park Phase II | New York | local | 2008 | $186,293 | tax credit/rebate; property tax abatement | |
| CORNING INC | Maine | state | 2012 | $184,199 | property tax abatement | |
| CORNING INC | Maine | state | 2011 | $178,572 | property tax abatement | |
| CORNING INC | Maine | state | 2010 | $178,482 | property tax abatement | |
| Corning Inc. Sullivan Park Phase II | New York | local | 2009 | $177,445 | tax credit/rebate; property tax abatement | |
| Corning Inc. Expansion of Glass Research | New York | local | 2010 | $176,069 | tax credit/rebate; property tax abatement | |
| Corning | North Carolina | local | 2017 | $174,558 | grant | |
| Corning Inc. Headquarters Expansion | New York | local | 2015 | $167,183 | tax credit/rebate | |
| Corning Inc. Diesel Plant | New York | local | 2009 | $166,594 | tax credit/rebate; property tax abatement |
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