New Hanover County Approves $3 Million Incentive for Corning Expansion
New Hanover County has approved a $3 million economic development incentive for Corning to support its planned $585 million expansion in Wilmington, NC, which is expected to create over 400 jobs.
Wilmington, NC, October 19, 2026 —
New Hanover County has approved a $3 million economic development incentive for Corning, supporting the company’s planned $585 million expansion in Wilmington, North Carolina. The expansion is expected to create more than 400 jobs, according to the available information.
The county’s approval links the incentive to Corning’s expansion plans. The summary provided does not specify the incentive’s terms, how or when funds would be made available, or whether the payment depends on the company meeting particular requirements.
The planned project’s stated investment is $585 million. No further details were provided about the expansion’s scope, the facility or operations involved, or its construction and completion schedule. The expected job total is more than 400, but information about job types, wages, hiring timelines or eligibility was not provided.
The approval is described as an economic development incentive. The available information does not identify the county officials or body that approved it, provide the date of the decision, or explain how the incentive amount was determined. It also does not include statements from Corning or county representatives.
Further details about the agreement, its conditions and the project timeline were not provided. The facts available establish the approved incentive amount, the planned investment and the projected job creation, but do not describe the next steps for the expansion.
Story summarized from the original created by WWAY News on www.wwaytv3.com, see more information here.
