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Home > Company Index > Electronics & Misc. Technology > Semiconductor Equipment & Materials > SpeedFam-IPEC Inc.

SpeedFam-IPEC Inc.
Nasdaq: SFAM
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 NEWS FROM THE WIRES
Speedfam to cut 18 percent of workforce
Aug 15 2001 01:28 PM PDT

More WIRE STORIES about this company

 PROFILE
SpeedFam-IPEC would like you to polish off another round. The company's chemical mechanical planarization (polishing) systems and other precision equipment are used to surface thin-film memory disk media, in-process semiconductors, silicon wafers, and industrial components. SpeedFam-IPEC sells its equipment worldwide to manufacturers of semiconductors (they account for about 85% of sales), thin-film memory disks, and wafers. Its services include installation, process support, training, and repair. Formerly SpeedFam International, the company took its present name following its 1999 purchase of rival Integrated Process Equipment. SpeedFam-IPEC's US customers account for about 30% of sales.

 COMPETITION
Applied Materials, Inc. (AMAT)
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Lam Research Corporation (LRCX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2001 Sales (mil.): 267.10
1-Yr. Sales Growth: (2.5)%
Employees: 1,020
Revenue per employee: $261,862.75

 KEY PEOPLE
• Richard J. Faubert
    CEO
• J. Michael Dodson
    CFO

 CONTACT INFO
305 N. 54th St.
Chandler, AZ 85226
US
Phone: 480-705-2100
Fax: 480-705-2122
Online: Web Site

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