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U.S. manufacturing jobs return after AT&T restarts Corning Arizona plant

U.S. manufacturing jobs return after AT&T restarts Corning Arizona plant
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EXCLUSIVE: The first is created by the private sector fiber optic manufacturing facility In the western United States, the industry is scrambling to keep up with record demand to expand broadband access and bring jobs back home.

Corning, in partnership with AT&T, will announce the location of a future plant in Gilbert, Arizona on Tuesday, which is expected to be operational by 2024. The project will expand the production capacity of optical cable, which is essential for Internet access. and 5G.

The move would bring manufacturing jobs back home, a goal on both sides of the political aisle, as the U.S. economy tries to catch up with rivals in a range of technologies. According to information, Japan and China are the main exporters of fiber-optic cable latest information Monitored by the Economic Complexity Observatory.

The companies say demand for the product has increased during the pandemic after supply chain issues created short-term shortages and more Americans started working remotely. Today, nearly three-quarters of U.S. adults have broadband access at home Pew Research Center.

“It’s the last mile that’s hard” AT&T CEO John Stankey told FOX Business in an exclusive joint interview Corning CEO Wendell Weeks. “A lot of basic infrastructure has been put in place. Now we have to go to homes. We have smaller ones to go to businesses that don’t benefit from fiber.”

CORNING MANUFACTURES FIBER-OPTIC CABLE

ticker Security End change change %
T AT&T INC. 17.82 +0.04 +0.20%
GLW CORNING INC. 34.52 +0.43 +1.26%

The project is expected to create 250 jobs, but that’s far short of what experts say is needed to support the industry’s long-term goals. Corning estimates that an additional 850,000 jobs should be created by 2025 after fiber-optic cable is laid and ready for deployment.

FUTURE OF 5G DEVELOPMENT IS IN INDEPENDENT COMPANIES, NOT FEDERAL GOVERNMENT: EX-OFFICIAL

Fiber optic cable internal view

Image showing the inside of a fiber-optic cable. (iStock / iStock)

“This new facility will provide additional fiber optic cable capacity to meet the industry’s record demand for fast, reliable connectivity,” Stankey said in a statement earlier Tuesday. “We are also working with Corning to create training programs to equip the next generation of technicians with the skills to build networks that will expand access to high-speed Internet to millions of Americans.”

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AT&T CEO John Stankey presents MediaLink: MASS-terclass: The New Age of Mass Personalization panel on the Times Center Stage during New York Advertising Week 2016 on September 28, 2016 in New York City. (John Lamparski/Getty Images Advertising Week New York/Getty Images)

The project is part of Corning’s nearly $500 million private commitment to expand broadband access. It comes amid a renewed focus on Americans getting access to the Internet after last year’s Bipartisan Infrastructure Act earmarked $65 billion in new spending for broadband.

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“It’s a technology that we’re leading,” Weeks added. “Our job is to make sure we have enough capacity on the ground to serve the growing demand. That’s what this announcement is all about.”

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