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SemiSouth SiC manufacturing and test equipment to be sold off

Following the closure of the silicon carbide device manufacturer several months ago, semiconductor fabrication, electronic test , dicing and final assembly equipment are to be disposed of
Heritage Global Partners (HGP) and The Branford Group have announced their upcoming major global webcast auction sale of late model SiC semiconductor manufacturing assets and testing equipment of SemiSouth Laboratories.

SemiSouth was founded in 2001 by former Mississippi State University (MSU) faculty member Jeffrey Casady and current MSU electrical and computer engineering professor Michael Mazzola. Before its closure, the company manufactured SiC devices for high-power, high-efficiency, harsh-environment power management and conversion applications.

HGP is an asset advisory and auction services and a wholly owned subsidiary of Counsel RB Capital. The Branford Group, deals with surplus industrial machinery, equipment auctions and valuations.

The assets being sold include: semiconductor fabrication equipment, electronic test equipment, dicing equipment and final assembly equipment.

“Our upcoming sale, in partnership with The Branford Group, features SemiSouth’s wide array of SiC manufacturing and related testing equipment, representing an ideal opportunity for interested parties to take advantage of these late model state-of-the-art industry assets,” says Craig Thompson, Director of Sales at Heritage Global Partners.

“The SiC materials and electrical components being sold via our global webcast are ideal for high-power, high-efficiency, harsh-environment power management and conversion applications. Typical applications range from power conversion to variable-speed drives to high-power, harsh-environment military and aerospace applications,” adds William Gardner, President of The Branford Group.

A full listing of the items up for sale can be found online at: www.hgpauction.com and www.thebranfordgroup.com.

The global webcast auction is scheduled to begin at 10 am CT on April 4th, 2013.

Interested bidders are encouraged to attend the on-site preview April 3rd, between 9 am and 4 pm CT at 201 Research Boulevard on the campus of Mississippi State University in Starkville, Mississippi.

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