Corning Inc. will temporarily close two facilities in Russia after suspending sales into the county last month.
The move comes in response to the ongoing Russian invasion of Ukraine, which began in February of this year. Corning Inc. released a statement to their website on Tuesday, April 5 saying it had restricted access to to its research center in St. Petersburg and sales office in Moscow. The company has begun the process of temporarily closing both facilities.
The company said it is also working to relocate its 60 remaining employees in Russia. The statement also expressed a commitment to providing “financial support to the humanitarian relief efforts in Ukraine and surrounding countries.”
With this announcement, Corning, Inc. joins a growing list of companies divesting from Russia as the situation in the Ukraine unfolds.