Moser Baer to invest $11.5 million for pilot manufacturing line
By siliconindia   |   Friday, 15 October 2010, 23:39 IST
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New Delhi: Moser Baer's U.S. unit is going to invest $11.5 million to buy equipment for a pilot manufacturing line, which it is going to establish. To build the pilot production facility Moser Baer is joining hands with Universal Display and the College of Nanoscale Science and Engineering's Smart System Technology and Commercialization Centre. This project is the company's first manufacturing facility in the U.S. which is estimated to cost $20 million. Out of this amount, $4 million has been granted by the U.S. Department of Energy.

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