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GT Solar gets $82 million orders; shares hit life-high

Tue, 07/05/2011 - 10:26am
Reuters

BANGALORE (Reuters) - Solar and LED equipment maker GT Solar International Inc said it received orders worth $81.7 million for polysilicon production equipment from two new Asian customers, sending its shares to their lifetime high.

The orders will be included in GT Solar's backlog for the first quarter ending July 2, the Merrimack, New Hampshire-based company said.

Last week, GT Solar received its largest ever order worth $460.4 million from a Chinese customer for its furnaces used in sapphire production.

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