Subsidy Tracker Parent Company Summary
Parent Company Name:
Corning Inc.
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 | $1,084,889,781 | 302 |
Federal (grants and allocated tax credits) | $186,217,360 | 11 |
TOTAL | $1,271,107,141 | 313 |
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: 1992. 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 2013.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Links:
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
---|---|---|
Tennessee | $479,400,000 | 1 |
Michigan | $372,405,000 | 6 |
New York | $182,460,820 | 221 |
North Carolina | $20,357,503 | 48 |
Kentucky | $19,951,223 | 10 |
All other | $10,315,235 | 16 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value |
Type of Subsidy![]() |
---|---|---|---|---|---|---|
Corning Inc. Photonics Plant Expansion | New York | local | 2008 | $17,222 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II Expansion | New York | local | 2008 | $42,557 | 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. Diesel Plant | New York | local | 2008 | $310,235 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2008 | $1,916,701 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing Phase III | New York | local | 2011 | $2,805 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing | New York | local | 2011 | $9,394 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Plant Expansion | New York | local | 2011 | $13,484 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing Exp. | New York | local | 2011 | $14,856 | tax credit/rebate; property tax abatement | |
Corning Inc. Headquarters Expansion | New York | local | 2011 | $20,616 | tax credit/rebate; property tax abatement | |
Corning Inc. Refractories | New York | local | 2011 | $31,561 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II Expansion | New York | local | 2011 | $33,322 | tax credit/rebate; property tax abatement | |
Corning Inc. Decker Parking Garage | New York | local | 2011 | $63,469 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase III | New York | local | 2011 | $93,993 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II | New York | local | 2011 | $148,519 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Facility | New York | local | 2011 | $150,438 | tax credit/rebate; property tax abatement | |
Corning Inc. Expansion of Glass Research | New York | local | 2011 | $1,160,830 | 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. 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 | 2012 | $4,312,077 | tax credit/rebate; property tax abatement | |
Corning Inc. Headquarters Expansion | New York | local | 2012 | $351,445 | 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 Inc. Upgrade of Integrated Die Manufacturing | New York | local | 2012 | $199,821 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Facility | New York | local | 2012 | $110,667 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II | New York | local | 2012 | $104,298 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase III | New York | local | 2012 | $69,171 | tax credit/rebate; property tax abatement | |
Corning Inc. Decker Parking Garage | New York | local | 2012 | $58,477 | tax credit/rebate; property tax abatement | |
Corning Inc. Refractories | New York | local | 2012 | $31,588 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II Expansion | New York | local | 2012 | $26,140 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing Exp. | New York | local | 2012 | $13,849 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Plant Expansion | New York | local | 2012 | $12,574 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing | New York | local | 2012 | $8,639 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing Phase III | New York | local | 2013 | $2,765 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Plant Expansion | New York | local | 2013 | $11,527 | tax credit/rebate; property tax abatement | |
Corning Inc. Center for Fiber Optic Testing Exp. | New York | local | 2013 | $14,568 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II Expansion | New York | local | 2013 | $28,450 | tax credit/rebate; property tax abatement | |
Corning Inc. Refractories | New York | local | 2013 | $30,983 | tax credit/rebate; property tax abatement | |
Corning Inc. Upgrade of Integrated Die Manufacturing | New York | local | 2013 | $33,479 | tax credit/rebate; property tax abatement | |
Corning Inc. Expansion of Glass Research | New York | local | 2013 | $51,542 | tax credit/rebate; property tax abatement | |
Corning Inc. Decker Parking Garage | New York | local | 2013 | $54,737 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase III | New York | local | 2013 | $73,651 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Phase II | New York | local | 2013 | $116,376 | tax credit/rebate; property tax abatement | |
Corning Inc. Photonics Facility | New York | local | 2013 | $157,174 | tax credit/rebate; property tax abatement | |
Corning Inc. Diesel Plant | New York | local | 2013 | $224,288 | tax credit/rebate; property tax abatement | |
Corning Inc. Headquarters Expansion | New York | local | 2013 | $340,006 | tax credit/rebate; property tax abatement | |
Corning Inc. Diesel Plant Expansion | New York | local | 2013 | $692,574 | tax credit/rebate; property tax abatement | |
Corning Inc. Sullivan Park Renovation & New Construction | New York | local | 2013 | $3,774,128 | tax credit/rebate; property tax abatement | |
Corning Incorporated | Kentucky | state | 2008 | $24,900 | training reimbursement | |
Corning Incorporated | Kentucky | state | 2010 | $156,323 | training reimbursement | |
Corning Incorporated | Kentucky | state | 2010 | $20,000 | training reimbursement | |
Hemlock Semiconductor Corporation | Michigan | state | 2009 | $200,000 | training reimbursement | |
Hemlock Semiconductor Corporation | Michigan | state | 2009 | $190,000 | training reimbursement | |
Corning Incorporated | Virginia | state | 2010 | $23,100 | training reimbursement | |
Corning Incorporated | Virginia | state | 2009 | $123,094 | training reimbursement | |
Corning Cable Systems | Texas | state | 2009 | undisclosed | training reimbursement | |
Corning Specialty Materials | New Hampshire | state | 2012 | $5,500 | training reimbursement | |
Hemlock Semiconductor Corporation | Michigan | state | 2014 | $105,000 | training reimbursement | |
Corning (2016) | Virginia | state | 2016 | $136,850 | training reimbursement | |
Corning (2016) | Virginia | state | 2017 | $136,850 | training reimbursement |
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