FRANKFORT, Ky. (AP) — Apple says it will give $200 million to Corning Inc. so it can invest in a Kentucky plant that makes glass screens for iPhones and iPads.
The California-based company says the money will come from its Advanced Manufacturing Fund. It has pledged to spend $1 billion on US-based companies to create "innovative production and highly skilled jobs."
Corning has had a facility in Harrodsburg for 65 years. The company has collaborated with Apple for the past 10 years by making scratch-resistant Gorilla Glass for Apple's products. The companies say their partnership has sustained 1,000 jobs, including 400 in Harrodsburg.
Apple Chief Operating Officer Jeff Williams, Corning CEO Wendell Weeks, and U.S. Sen. Mitch McConnell are scheduled to formally announce the spending during a 2 p.m. news conference in Harrodsburg.