Avaco Receives Purchase Order of $5.8 Million from STION
August 12, 2015 at 11:28 pm IST
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AVACO received purchase order of $5.8 million in production tools under a Capital Lease Agreement from STION. These tools will complete the first full production line in STION's manufacturing facility in Hattiesburg, and help double production output from 60 MW to 120 MW per year. The two companies will also extend their Engineering Services Agreement as part of this deal.
AVACO CO., LTD. is a Korea-based company mainly engaged in the manufacture of flat panel display (FPD) equipment. The Companyâs products consist of conveyances, including stockers and maintenance cranes; specialized equipment, including auto claves, scribes and break systems, tab bonders and polarizer film attachment equipment, and vacuum equipment, including evaporation and coating systems, sputter systems, organic light-emitting diode (OLED) encapsulation systems, exhaust and gas filling systems and manufacture equipment for solar cells. The Company distributes its products within domestic market and to overseas markets.
AVACO CO., LTD. 
