Meyer Burger wins order for over CHF 60 million with Korean customer
Switzerland-based Meyer Burger Ltd and Hennecke Systems GmbH have successfully concluded a contract of over CHF 60 million (around USD$57 million, 44.3 million) for wire saws, ID-saws and wafer inspection systems with mono- and multi-crystalline solar wafer manufacturer Nexolon in Korea.
Nexolon plans to expand its production capacity from 850 megawatts (MW) to one gigawatt (GW) next year. In a statement, Meyer Burger said: For the expansion of its production facility to 1GW by the end of 2011, Nexolon relies on the high-tech manufacturing equipment from Meyer Burger Ltd and Hennecke Systems GmbH.
Nexolon, headquartered in Seoul, Korea, was established in 2007. Its production plant is located in Iksan, Korea.
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