GT Advanced Technologies Inc. announced its plan to cease operations at its Hazelwood, Missouri facility. The company conducts certain of its HiCz™ development at this facility and plans to transition this activity to its Merrimack, New Hampshire facility. The idling of the Hazelwood Facility is part of the company's effort to reduce costs and optimize its research and development activities.

The idling of the Hazelwood Facility is expected to be completed on or before March 31, 2013.