GT Solar inks sale deals for $84.3 mln, shares up

Solar equipment supplier GT Solar International Inc said it signed deals totaling $84.3 million for its polysilicon processing furnaces from new and existing customers, sending its shares up 3 percent before the bell.

The New Hampshire-based company said these orders will be included in its backlog for the quarter ending June 2.

The new customers include Nantong Zongyi New Material Co and Inner Mongolia Zhong Huan Solar Material Co.

GT Solar is a global provider of polysilicon production technology to the solar and other specialty markets.

Shares of the company were trading up at $11.74 in pre-market trade. They closed at $11.36 on Friday on Nasdaq.

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