AACG News
Steuben Factory To Close
On November 30, the Steuben Glass factory in Corning, New York, will become only a fond memory. Steuben Glass, known for its perfect handcrafted clear lead crystal and sculptures, will shut down after 108 years in operation. Sold in 2008 by Corning Inc. to Schottenstein Stores Corporation of Columbus, Ohio, the company never could return to profitability. A slide in the demand for Steuben products and the poor economy didn't help. Steuben will keep its New York City retail store open until the inventory is sold. Most of the factory's 60 workers will lose their jobs. Opened in 1903, Steuben got its start when Frederick Carder, an English designer, agreed to run a glass-engraving shop, In 1918, the ornwers of Corning Inc. bought out Carder, and Corning scientists developed a new formula for a colorless heavy-lead optical glass. Marketing propelled Steuben into a name of distinction. Steuben was at its peak 50 years ago when it employed nearly 300 people. With no new Steuben pieces to be made, dealers at least expect there to be a vibrant aftermarket in Steuben collectibles.
| Posted 11 Nov 01
