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Better than expected second-quarter earnings and improved guidance had Corning (NYSE: GLW) trading 11% higher yesterday. The firm reported sales of $971 million, up from $752 million a year earlier.

Demand for glass helped Corning make a profit in its second quarter but it warned it was running out of glass and would have to build another glass factory.The firm made net profits of $108 million on turnover of $971 million.

Corning Incorporated will meet with investors over the next two weeks to discuss the company's three growth opportunities and its progress on improved profitability in 2004.

Samsung Corning has raised its stake in electronic component maker Shenzhen SEG Samsung Glass Co. (Q.SSK) to 35%, equal with the founding partner, according to a statement Monday.

Corning Inc., the world's largest maker of fiber-optic cable, said on Tuesday it will expand a liquid crystal display glass plant in Taiwan because of growing demand from the computer and television industries.

City and county leaders welcomed Component Technology Inc. to the city on Monday.The company, which will retain its plant in Branchburg, Somerset County, is expected to create between 50 and 75 jobs at the Harris Industrial Park, the site of the…

James Houghton returned from partial retirement on Monday to take the helm at Corning as the venerable glass company based in upstate New York continued its efforts to recover from a disastrous move into optical communications.

Tough action and tough talking have followed the announcement by US commerce chiefs of plans to slap anti-dumping duty on specific glass products.

U.S. silicone-based products maker Dow Corning Corp will build a plant in Malaysia this year as part of a pledge made in 1998 to invest two billion ringgit ($526 million) in the country, newspapers said on Tuesday.

Demand for flat glass in the United States is forecast to rise three percent per year to almost seven billion square feet in 2005, valued at $9.1 billion.