GT Advanced Technologies Inc fka GTAT

[Netsurfer]

GT has sold the building they were occupying in Merrimack NH and leased about 25% to 30% of it. Consolidated all operations to a 20,000 sq ft office area and another 10K +/- high bay area for furnace work. I believe that the now have 20 or so employees there and have rehired a few prior employees. Focus seems to be on continuous feed CZ Silicon furnaces.
DSS and Sapphire business in China is apparently dead and that was 99% of their business prior to BK. Would guess someone will buy them long before they even think about another IPO. There were several cos. mentioned here in earlier posts. There seems to be little activity in GT's original core competencies of semiconductor crystal growth.
They are apparently running the Salem NH plant growing Sapphire for some optical applications...not LED as I understand it.
Do not know about the Missoula operation but Dave Keck ..the prior CEO founded it and made it work and work well.

AS I understand it all the current BK activity is associated with the old GTAT estate and independent of the new operation. Any proceed from claw back activity will go to the creditors of the old GTAT and there is no benefits flowing to the new entity. Please correct this if that is not the case.