GT Solar Signs $173 Million Contract With DC Chemical (SOLR)

Press release via Reuters:

U.S. Company To Increase Export of Polysilicon Production Equipment To South Korea

GT Solar Incorporated, a global provider of specialized equipment
and technology for the solar power industry, announced that on July
11, 2008, it signed a $173 million contract with DC Chemical Co.,
Ltd., a leading Korean chemical company. The signing of the contract
has previously been disclosed.

   Under the terms of the agreement, GT Solar will provide DC
Chemical with state-of-the-art polysilicon CVD reactors, which are
used to manufacture polysilicon, a key raw material utilized to
produce solar cells. This latest agreement marks the third contract
between the two companies since GT Solar began offering CVD reactors
and related equipment in 2006....