The
move,
which
includes
laying
off
35
people
at
the
facility,
will
reduce
annual
expenses
by
$15m.
As
part
of
the
reorganization,
the
company
is
shifting
final
HiCz
product
development
to
plant
in
Merrimack,
New
Hampshire.
GT
Advanced
says
it
will
be
ready
by
mid-2013
to
offer
the
HiCz
platform,
a
next-generation
PV
furnace
that
will
produce
N-type
silicon
wafers.
“But
given
current
market
conditions
in
the
PV
industry,
orders
for
the
new
generation
systems
may
not
occur
until
2014
when
the
industry
begins
to
recover,”
the
company
says.
The
company…
