# Corning to build new plant for Valor pharmaceutical glass with Merck and Pfizer

Corning will develop Corning Valor Glass with Merck and Pfizer, and is expected to expand its facilities and build a new glass plant with an estimated investment of $500 million. The location was not stated.

- Type: New facility
- Announced: 2017-07-27
- Value: $500.0M
- Status: rumored
- Products: Corning Valor Glass pharmaceutical glass packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Corning](https://endata.com/companies/1685.md)
- [Pfizer](https://endata.com/companies/892.md) (partner)
- [Merck](https://endata.com/companies/1841.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-this-week-hollar-greene-merck-and-pfizer-5883580/), 2017-07-27: "As part of the deal, Corning is expected to expand its facilities and construct a new plant to support glass production with an estimated investment of $500m."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.