The announcement by the company comes as the US government plans to award $42bn to expand broadband to several unserved households.
The factory will be built at Gilbert and is anticipated to open in 2024.
It will supply cables to AT&T, which is the largest fibre internet provider in the country.
According to Corning CEO Wendell Weeks, this facility is the latest in a host of investments totalling over $500m made by the firm since last two years in fibre and cable manufacturing.
The Arizona plant is expected to hire about 250 people and would be expanded in future based on demand.
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There is a growing demand for fibre because of 5G wireless networks, fiber deployment to houses, and the government’s investment in broadband, said Weeks.
In September 2021, Corning announced its plans to invest $150m in optical cable manufacturing in North Carolina.
AT&T also stated its plans to expand fibre-based broadband to above 100,000 homes in Mesa of Arizona.
AT&T CEO John Stankey was quoted by the news agency as saying: “Ultimately everything is moving to one fiber-fed infrastructure to be able to deal with the demand equation.”
As per the government and industry estimates, 15 to 18 million households in the US lack access to high-speed internet.
Image: The US government intends to award $42bn to expand broadband to many unserved Americans. Credit: Daniel Dino-Slofer from Pixabay.