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GT Solar International (Nasdaq: SOLR) $12.19. Today announced the grand opening of its new state-of-the-art sapphire production facility located in Salem, Massachusetts. The opening of the newly expanded plant concludes a project that began in the fall of 2010 that triples the sapphire production capacity in its Salem facility. GT invested $27 million to create a high volume production facility to provide sapphire material for the fast-growing LED market and other industrial material industries.
“The investment in this new plant is a testament to our belief in the growth of the sapphire market and our ability to capture a leadership position in this industry,” said Tom Gutierrez, GT Solar’s president and CEO. “We’ve leveraged forty years of crystal growth expertise from Crystal Systems and combined it with GT’s successful track record of rapid scale-up of commercial crystalline growth technology to create a new state-of-the-art sapphire manufacturing facility capable of producing predictable and repeatable high quality sapphire crystal run after run.”
What They Do: GT Solar International, Inc. is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets.
Silicon Graphics (Nasdaq: SGI) $14.95. Announced Monday after market close that it has surpassed the milestone of having shipped over 500 SGI Altix UV high performance computing (HPC) systems since it began commercial delivery in June 2010. One of the most recent systems was ordered by LRZ: Leibniz Supercomputing Centre in Munich. LRZ is the computer center for Munich’s universities and for the Bavarian Academy of Sciences and Humanities. It manages the scientific data network in Munich, offers a variety of data services, and provides high-end computing facilities for the scientific community in and beyond Germany.
SGI Altix UV continues to gain momentum for a broad range of customers that require large shared memory solutions for research, image processing and genomics. Sales to government agencies in the United States and throughout Europe and Asia include: BBSRC Genome Analysis Centre (London), Genome Institute in Singapore, Institut de Biologie et Chimie des Protéines, Institute for Cancer Research (London), National Institute of Infectious Diseases (Japan), National Institutes of Health, University of Minnesota Supercomputer Center.
What They Do: SGI, a trusted leader in technical computing, is focused on helping customers solve their most demanding business and technology challenges.
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