Kuehne + Nagel to handle logistics for Corning Life Sciences business in the Asia-Pacific market

Shanghai / China, 17-Feb-2016 — /EuropaWire/ — Corning Incorporated (NYSE: GLW) has appointed Kuehne + Nagel to manage the distribution requirements for its Corning Life Sciences business in the Asia-Pacific market.

Under the agreement, Kuehne + Nagel will handle the logistics for Corning’s customers out of a new distribution center in Shanghai, located in the Yangshan Free Trade Port Area. Kuehne + Nagel services will include the consolidation of intercontinental seafreight shipments from Corning Life Sciences` global locations, warehousing, pick and pack, and distribution of products for the Asia-Pacific market. Establishing the operation within the Shanghai Free Trade zone area will allow for more efficient and cost-effective handling.

“We are excited to work with Kuehne + Nagel to establish this new distribution center as it confirms our commitment to customers in Asia and to the future of the life sciences market here,” said Doug Lohse, regional general manager, Corning Life Sciences Asia. “This new investment increases our ability to efficiently bring cutting-edge products and solutions to the region. As a global leader of solutions for life science researchers, Corning’s technology plays a key role in enabling our customers to make and deliver breakthrough discoveries.”

“We are delighted to enter into this new partnership to support Corning Life Sciences’ continued growth in Asia,” said Wong Siew Loong President, Kuehne + Nagel North Asia. “The new distribution centre in Yangshan, Shanghai, leverages our expertise in supply chain distribution solutions and we look forward to building a long-term relationship with Corning Life Sciences.”

About Kuehne + Nagel
With over 66,000 employees at more than 1000 locations in over 100 countries, the Kuehne + Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based integrated logistics solutions. Further information can be found at www.kuehne-nagel.com

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.

SOURCE: KUEHNE + NAGEL INC

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