Senate Majority Leader Chuck Schumer was in Corning on Friday for a victory lap to celebrate the signing of the federal CHIPS bill that he says will have an impact on Upstate New York and the Southern Tier.
“Corning Incorporated is the beating heart of the Southern Tier’s economy and when we help them invest in the industries of the future it means good-paying jobs that last generations,” Schumer said while in Corning. “My Chips And Science Bill, which was just signed into law this week is the largest investment in decades in the future of innovation and manufacturing, from semiconductors and 5G to other critical technology, and Corning Incorporated stands to benefit from just about every part of this bill, whether it be directly or through its business lines.”
Schumer says the bill will spur a major expansion of the domestic semiconductor industry.
“This bill will also deliver major new investment in STEM education and training to produce a new generation of Corning innovators. When you invest in technology you are investing in people’s futures, you are investing in communities, and no company is more emblematic of that than Corning,” the Senator added. “I am proud to have championed this legislation.”
Corning is one of the state’s largest employers with more than 7,000 workers across the state. There are at least 6,000 of them in the Southern Tier.
Schumer said the anticipated federal investment has already helped. However, Corning has received other federal funds – like $139 million for a 270 job expansion in Monroe County.
Schumer said that with further expansion of domestic semiconductor production, more and more companies will be relying on Corning Incorporated, for expertise in innovation, glass, and specialty technology to support overall growth.