FPD makers order EUR40M of Manz equipment

March 28, 2012 — Manz AG, production equipment supplier, won EUR40 million in contracts for flat-panel display (FPD) and lithium-ion (Li-ion) battery manufacturing tools in March. The company saw EUR33 million the prior month from this sector.

The FPD manufacturing tools were based on Manz’ technology platform for crystalline-silicon solar cell manufacturing. The March orders for equipment and systems to produce components for the FPD industry totaled EUR 32 million, with the rest springing from the lithium-ion battery sector.

Last month, Manz booked an individual order for FPD fab equipment worth EUR33 million. The company’s order backlog stands at over EUR104 million, with non-solar manufacturing sectors accounting for more than 90% of business. Transfering technology amongst manufacturing sectors dampens cyclical fluctuations in each individual market, said Dieter Manz, CEO of Manz.

Visit the company’s website at www.manz.com.

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