Materials science company Corning Inc. is boosting investment at its upcoming solar component-manufacturing facility in Saginaw County, Michigan, to $1.5 billion, the company said in an April 29 statement.
Corning had initially allocated up to $900 million for the manufacturing facility, which was expected to create more than 1,100 jobs.
The investment expansion will create 400 “new high-paying advanced manufacturing jobs,” it said, adding that the decision to dial up funding was taken “to support increasing demand for U.S.-made solar components.”
“The company’s increased manufacturing capacity will enable Corning to supply high-quality solar wafers and help strengthen the domestic solar supply chain with industry-leading solar manufacturers,” it said….