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TWST: Please begin with a brief historical sketch of the company and a
picture of the things you are doing at the present time. Mr. Hemer: We make production equipment for the semiconductor industry.
That is, we make equipment that's used to make computer chips. We've
been in business for over 20 years and grew out of another similar
equipment manufacturer in our area of the United States. We service
customers throughout the world. More than half of our equipment is
shipped to overseas destinations where our customers have facilities.
Our customers are generally quite large international companies such as
Intel, AMD, Texas Instruments, and Sony, to name a few of the more well
known players in the semiconductor industry. TWST: What is the competitive landscape like, and what are your
competitive advantages? Mr. Hemer: We have plenty of competition. I wish that we had less, but
our industry is populated by a relatively large number of relatively
small companies providing equipment to the semiconductor industry. Our
equipment has features that we believe put us in a competitive advantage
to our competition. The kind of equipment that we sell is largely
automation equipment and as such, it helps bring productivity to other
pieces of equipment, and in that way reduces the overall cost of
producing computer chips. One of our competitive advantages is the speed
with which we can pass devices through different processes.
Tickers included in this excerpt: ATRM
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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