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Technology Stocks : Veeco Instruments-Who?
VECO 29.15-0.6%3:59 PM EDT

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From: Sam2/28/2011 12:37:18 AM
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GT Solar receives $41.6 million order for furnaces
GT Solar gets $41.6 million order for furnaces from new customer in Asia
On Sunday February 27, 2011, 6:51 pm EST
finance.yahoo.com

MERRIMACK, N.H. (AP) -- GT Solar International Inc., which makes equipment and develops technology for the power industry, said Sunday it has received a $41.6 million order for sapphire crystallization furnaces from a new customer in Asia.

The company did not name the customer. GT said this is the fourth order for its sapphire crystallization furnaces in recent months.

""We continue to see interest in our advanced sapphire furnace from new market entrants who are interested in producing sapphire material for high brightness...LED applications," said Tom Gutierrez, president and CEO, in a statement. LED stands for light-emitting diode.
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