Corning IncBy Kim S. Nash | Posted 2002-10-10 Print
Corning's small specialty materials group tries to lead the money-losing glassmaker into the future of manufacturing.. Base Case">
Corning Inc. Base Case
Headquarters: 1 Riverfront Plaza, Corning, NY 14831
Phone: (607) 974-9000
Business: Fiber optic and specialty glass products
Chief Information Officer: Dick Fishburn
Financials in 2001: $6.3 billion in sales; $5.5 billion net loss; $275 million operating loss
Challenge: Return to profitability next year by, in part, restructuring to depend less on sales of fiber optic gear, which was 70% of sales last year
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