Corning Named 2016 ENERGY STAR® Partner of the Year
28 Março 2016 - 9:30AM
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Energy management recognized for sustained
excellence
CORNING, N.Y., MARCH 28, 2016 - Corning
Incorporated (NYSE: GLW) announced today it has been named a 2016
ENERGY STAR® Partner of the Year - Sustained Excellence recipient
by the U.S. Environmental Protection Agency for its leadership in
energy management.
Companies become eligible for the Sustained
Excellence award after winning the ENERGY STAR Partner of the Year
for several years in a row. This is Corning's third consecutive
year earning Partner of the Year status.
"By continued collaboration with ENERGY STAR,
Corning is helping Americans save money, save energy, and do their
part to reduce our nation's greenhouse gas emissions that
exacerbate climate change," said EPA Administrator Gina McCarthy.
"I'm proud to recognize Corning with the highest form of ENERGY
STAR recognition, as the winner of the 2016 Partner of the Year -
Sustained Excellence award. Corning demonstrates a strong
commitment to energy efficiency and to preserving a healthy planet
for future generations."
Corning was recognized for the continued growth of
its energy management program and its commitment to collaborating
with other companies to develop and enhance energy management
programs.
Corning is part of a select group of manufacturers
among the businesses and organizations to be named an ENERGY STAR
Partner of the Year. All of the recipients will be recognized on
April 13, in Washington, D.C.
"Our partnership with ENERGY STAR has proved to be
invaluable as we continue on our energy management journey, and
we're honored to be named an ENERGY STAR Partner of the Year for
the third year in a row," said Lisa Ferrero, Corning senior vice
president and chief administrative officer. "Responsible energy
management helps us maintain the trust of our stakeholders and
protect our financial health, while helping to reduce our carbon
footprint and enable healthier lives for people around the
world."
Corning's energy policies and strategies are
developed and implemented by its Global Energy Management (GEM)
program. Launched in 2006, GEM and its teams across the company
have saved Corning more than $421 million in cumulative energy
costs.
"We wouldn't be receiving this award if it weren't
for our dedicated energy managers and teams working on and
supporting energy-saving projects in Corning's facilities," said
Patrick Jackson, director of Corning's GEM program. "Effective
energy management begins with finding employees who recognize the
importance of saving energy for the company, and we've found the
right group of people."
Since its inception in 1992, ENERGY STAR and its
partners have helped prevent a total of more than 2.4 billion
metric tons of greenhouse gas emissions. In 2014 alone, ENERGY STAR
and its partners provided more than $11 billion in societal
benefits due to reducing damages from climate change.
For a complete list of 2016 winners and more
information about ENERGY STAR's awards program, visit
www.energystar.gov/awardwinners.
Forward-Looking and Cautionary
Statements
This press release contains "forward-looking statements" (within
the meaning of the Private Securities Litigation Reform Act of
1995), which are based on current expectations and assumptions
about Corning's financial results and business operations, that
involve substantial risks and uncertainties that could cause actual
results to differ materially. These risks and uncertainties
include: the effect of global political, economic and business
conditions; conditions in the financial and credit
markets; currency fluctuations; tax rates; product demand
and industry capacity; competition; reliance on a concentrated
customer base; manufacturing efficiencies; cost reductions;
availability of critical components and materials; new product
commercialization; pricing fluctuations and changes in
the mix of sales between premium and non-premium products; new
plant start-up or restructuring costs; possible
disruption in commercial activities due to terrorist activity,
armed conflict, political or financial instability, natural
disasters, adverse weather conditions, or major health concerns;
adequacy of insurance; equity company activities; acquisition and
divestiture activities; the level of excess or obsolete inventory;
the rate of technology change; the ability to enforce patents;
product and components performance issues; retention of key
personnel; stock price fluctuations; and adverse litigation or
regulatory developments. These and other risk factors
are detailed in Corning's filings with the Securities and
Exchange Commission. Forward-looking statements speak only as
of the day that they are made, and Corning undertakes no obligation
to update them in light of new information or future events.
Digital Media
Disclosure
In accordance with guidance provided by the SEC regarding the use
of company websites and social media channels to disclose material
information, Corning Incorporated ("Corning") wishes to notify
investors, media, and other interested parties that it intends to
use its website
(http://www.corning.com/worldwide/en/about-us/news-events.html) to
publish important information about the company, including
information that may be deemed material to investors. The list of
websites and social media channels that the company uses may be
updated on Corning's media and website from time to time. Corning
encourages investors, media, and other interested parties to review
the information Corning may publish through its website and social
media channels as described above, in addition to the company's SEC
filings, press releases, conference calls, and webcasts.
About Corning
Incorporated
Corning (www.corning.com) is one of the world's leading innovators
in materials science. For more than 160 years, Corning has applied
its unparalleled expertise in specialty glass, ceramics, and
optical physics to develop products that have created new
industries and transformed people's lives. Corning succeeds through
sustained investment in R&D, a unique combination of material
and process innovation, and close collaboration with customers to
solve tough technology challenges. Corning's businesses and markets
are constantly evolving. Today, Corning's products enable diverse
industries such as consumer electronics, telecommunications,
transportation, and life sciences. They include damage-resistant
cover glass for smartphones and tablets; precision glass for
advanced displays; optical fiber, wireless technologies, and
connectivity solutions for high-speed communications networks;
trusted products that accelerate drug discovery and manufacturing;
and emissions-control products for cars, trucks, and off-road
vehicles.
Media Relations Contact -
Corning:
Joe
Dunning
(607)
974-5006
dunningjm@corning.com
Media Relations Contact - ENERGY
STAR:
Kristinn Leonhart
(202) 343-9062
Leonhart.Kristinn@epa.gov
Investor Relations Contact -
Corning:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com
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This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Corning Incorporated via Globenewswire
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