Also in the news . . .
Corning Inc. (Corning, NY) will invest more than $150 million to increase the capacity of its optical-fiber manufacturing facility in Wilmington, NC. The expansion includes new building construction and the installation of new manufacturing technologies. . . . Optical Data Systems (Richardson, TX), participating in a multiyear $297.1 million contract, will provide fiber distributed-data interface modules and asynchronous-transfer-mode switches to the Air Force Communications Systems Center (Oklahoma City, OK). . . . Japan-based NEC and Itochu will jointly share an estimated $40 million to supply Singapore Telecom with fiberoptic synchronous digital hierarchy transmission equipment.
