Apple has this morning announced that glass manufacturer Corning will be the first beneficiary of the Advanced Manufacturing Fund announced earlier this month. The $1B fund was established to ‘foster innovation among American manufacturers.’
Corning makes the Gorilla Glass used on every iPhone and iPad since the original iPhone. Apple said that the investment will assist in three ways …
Apple COO Jeff Williams said that the company was proud of its long-standing relationship with Corning.
Corning CEO Wendell P. Weeks said that Apple’s orders had benefited both innovation and jobs.
In keeping with Apple’s commitment to extend its 100% renewable energy goal to its suppliers, the company said that all Corning’s manufacturing for Apple would be powered by renewables.
Apple said earlier in the month that the $1B fund is intended to create a ‘ripple in the pond’ effect, where jobs will be created in other companies working with manufacturers who receive Apple investment.
