CORNING INC: Accrues $29MM at March 31 for Environmental Cleanup

Corning Incorporated, at March 31, 2011 and Dec. 31, 2010, had accrued about US$29 million (undiscounted) and US$30 million (undiscounted) for the estimated liability for environmental cleanup and related litigation.

The Company has been named by the Environmental Protection Agency under…

CORNING INC: Motion to Dismiss Ellsworth Complaint Filed March 7

Corning Incorporated, on March 7, 2011, filed a motion to dismiss a complaint regarding the Ellsworth Industrial Park, which is located in Downers Grove, Ill.

The Company has settled claims for contribution for personal injury and property damage arising from the…

CORNING INC: Accrues US$21M at Sept. 30 for Cleanup, Legal Costs

Corning Incorporated, at Sept. 30, 2008, had accrued about US$21 million for estimated liability regarding environmental cleanup and related litigation.

The Company has been named by the Environmental Protection Agency under the Superfund Act, or by state governments under similar state…