03 May 2011

GT Solar International, Inc. (NASDAQ: SOLR) has received an order for multiple sapphire crystal-growth furnaces totaling $218.9 million from Guizhou Haotian Optoelectronics Technology Co. Ltd (HTOT).

“Our entrance into the LED market offers a new strategic growth opportunity for our company and Guiyang City as well as the Guizhou region of China,” said Hao Xu, chairman of the board of Guizhou Industrial Investment Group. “Our new sapphire production facility will help to stimulate economic growth in the region and establish HTOT as a leading supplier of material to the LED industry.