GT Solar International Inc. (SOLR) Receives $460M Order for Sapphire Crystallization Technology
GT Solar International Inc. provides polysilicon production technology worldwide. The company also produces sapphire and silicon crystalline growth systems, and today announced that it has received a $460.4 million order for its advanced sapphire crystallization furnaces. The order, placed by a new player in the LED industry, not only represents GT’s largest single order to-date, but also reflects an important milestone for GT solar as it works to secure its leading position in the industry. “Our customer is a well established, diversified manufacturing company located in China who is new to the LED industry. We are pleased that they have…