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Apple Makes $45 Million Grant to Corning to Support Cover Glass Manufacturing

·1 min read
Apple Makes $45 Million Grant to Corning to Support Cover Glass Manufacturing
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Apple on Monday announced a $45 million grant to (GLW) to help the glassmaker expand U.S. manufacturing capacity and to fund research and development for display materials for the iPhone, (AAPL) Watch, and iPad. The award comes from Apple’s $5 billion Advanced Manufacturing Fund. Corning (ticker:GLW) has previously received $450 million from the fund, which Apple says supports more than 1,000 jobs at Corning.