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Fab association announces surplus equipment marketplace

Posted: 23 Feb 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Fab Owners Association? FOA? semiconductor?

The Fab Owners Association (FOA), an association of semiconductor manufacturing executives and suppliers, has announced the creation of the FOA Trading Board, an interactive marketplace where members can sell and purchase surplus capital equipment.

For participating members, the benefits are significant, said the press release. The FOA Trading Board will offer commission-free transactions among members and discounted commissions on CAE Online's standard offerings. Members can enter their listings directly into their secure online account or have Trading Board staff do it for them free by.

"The FOA Trading Board creates a centralized focal point for members to readily market surplus assets to one another," said L.T. Guttadauro, executive director of the FOA. "It provides a pool of potential customers as well as providing an easy mechanism to accelerate the purchasing process. We expect our members to save time and money using the system."

The FOA is an international, nonprofit, mutual benefit corporation, founded in 2004 and headquartered in Cupertino, California. This association provides a forum for semiconductor manufacturing executives and industry suppliers to discuss common manufacturing issues.

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