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GTAT Completes Financial Restructuring – Emerges from Chapter 11

MERRIMACK, N.H., March 18, 2016 (GLOBE NEWSWIRE) -- GT Advanced Technologies Inc. today announced that it has emerged from Chapter 11 as a newly reorganized company. GT Advanced Technologies Inc. and its affiliated debtors (“GTAT”) have emerged with a solid balance sheet and renewed strategy focused on growth in the solar and sapphire industries.

“Our emergence from Chapter 11 marks the start of a new chapter for our company,” said David Keck, GTAT’s President and Chief Executive Officer. “Through this process, we have resolved the issues which led to our decision to seek bankruptcy court protection. With our strengthened financial...


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