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Friday, June 3, 2011

GT Solar lands its largest order at $460M

By Michelle Lang

GT Solar International Inc. brought in a whopping $460.4 million order for its advanced sapphire crystallization furnaces. The order came from a new, but unnamed, market entrant.

The Merrimack, N.H.-based company said in a news release today that the order is the company’s largest single order to date.

GT Solar’s previous largest order for polysilicon production equipment and technology came in last month from a South Korean customer with a $228 million contract.

The company plans to transition its name to GT Advanced Technologies by August, it reported in a news release today, to reflect its offerings since acquiring Crystal Systems in July 2010.



 

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