MINNEAPOLIS, MN — (Marketwired) — 12/28/15 — Despatch Industries has received a purchase order for several Safire firing furnaces which will be used in a 2GW expansion of LERRI Solar Technology–s manufacturing capacity. LERRI Solar is a manufacturer of high-efficiency mono crystalline cells and modules in Xi–an, Shaanxi, China.The Safire firing furnace features dual, independent chambers with no lane-to-lane influences. This unique design ensures the greatest degree of firing repeatability
MINNEAPOLIS, MN — (Marketwired) — 10/07/15 — Light Induced Degradation (LID), which reduces the efficiency of PERC cells by up to 6% after they are installed, has been a persistent problem for solar manufacturers. Several furnace manufacturers have introduced solutions to the problem but they all require the purchase of stand-alone equipment that takes up valuable floor space and requires additional material handling steps. Now Despatch has developed an in-line solution that integrates into
MINNEAPOLIS, MN — (Marketwire) — 05/13/12 — Despatch Industries, a leading technology and equipment provider for the solar industry, and DelSolar Co., Ltd, a company dedicated to the research, development and production of high-quality solar cells, modules and PV systems, are pleased to announce that DelSolar will be upgrading one of their high-volume solar cell production lines with Despatch-s new, patent-pending DriTech dryer. The new environmentally friendly DriTech thoroughly dries even
MINNEAPOLIS, MN — (Marketwire) — 10/10/11 — Despatch Industries, the world-s leading thermal processing equipment provider for over one hundred years, proudly announces its new PC-based process control system, Focal Point. The Focal Point system is Despatch-s latest innovation in process control, data acquisition and reporting for the composite curing market. Focal Point fully controls the curing process and documents all process information, providing traceability and validation of part qua
MINNEAPOLIS, MN — (Marketwire) — 08/10/11 — Despatch Industries, a leading technology and equipment provider for the solar industry, announces the availability of new, patent-pending SolectFire technology. SolectFire is the company-s most recent advancement to its market-leading CF Series firing furnace platform. Results of SolectFire production testing have shown efficiency gains of up to.09 percent. SolectFire also provides flexibility to upstream processes and alternative pastes.SolectFi
MINNEAPOLIS, MN — (Marketwire) — 07/26/11 — Despatch Industries, a leading provider of thermal processing equipment for the solar, carbon fiber and thermal technology markets, recently announced that the company has been acquired by Illinois Tool Works Inc. (NYSE: ITW). Despatch selected ThinkEquity LLC to serve as its exclusive financial advisor and to represent the company during the acquisition process."Through a diligent and exhaustive search, we determined ThinkEquity to be the be
GLENVIEW, IL — (Marketwire) — 07/25/11 — Illinois Tool Works Inc. (NYSE: ITW) today announced that it has acquired Despatch Industries, a leading provider of thermal processing equipment for the solar, carbon fiber and other thermal technology markets. Terms of the transaction were not disclosed.With full-year 2011 revenues expected to exceed $200 million, Despatch Industries products include solar cell firing furnaces, carbon fiber process ovens, and thermal processing equipment. Despatch
