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Company assets go on the auction block

(Wayne Hereford, WTVA)
(Wayne Hereford, WTVA)
Reported by: Mel Carlock
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Updated: 3/05 8:48 am
STARKVILLE, Miss. (WTVA) -- A company once highlighted as an example of a high-tech industry born in Mississippi will go on the auction block.

On April 4, an online auction will be held to sell the equipment of Semisouth Laboratories in Starkville.

The company manufactured high-voltage silicon-carbide semiconducter devices for multiple platforms including solar power conversion, hybrid engines, and military and aerospace environments.

The company opened in 2010 in the Thad Cochran Research, Technology, and Economic Development Park at Mississippi State.

Semisouth grew to employ 115 workers and announced an expansion in March of 2012 expected to double the number of employees.

The company was housed a 20,000 square foot facility that served as the headquarters and manufacturing plant.

The company employed 90 workers at the time it closed in October of 2012.

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

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

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


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