Nov. 15, 2005 – Rite Track, a West Chester, Ohio, manufacturer of track systems, announced the acquisition of on-line equipment broker SemiSurplus.com.
Tim Hayden, president and CEO of Rite Track, said the acquisition gives the company another source for the components it uses in its business and provides it with more flexibility in daily operations. SemiSurplus.com will operate as a wholly-owned subsidiary of Rite Track.
All operations of SemiSurplus.com will be incorporated into the Rite Track headquarters building within the next six months, although Rite Track says there are no plans to restrict its operations. Rite Track, established in 1993, is a supplier of new and remanufactured track systems for the semiconductor, MEMS, thin film head and solar cell industries.