“CoreTech is excited to provide our services in the semiconductor market, and pleased to welcome an experienced and high-caliber industry professional onto the CoreTech team to support this expansion." Scott McFetters, President of CoreTech Leasing
Newport Beach, CA (PRWEB) December 03, 2014
Independent technology and equipment lessor, CoreTech Leasing, Inc., today announces it will be entering a new vertical by expanding into the semiconductor industry. With Gartner projecting semiconductor capital equipment spending to increase 15% in 2014 to a total of $38.5 billion, followed by projected increases through 2018, CoreTech’s leadership has seized the opportunity to continue to diversify the firm’s portfolio and expand earnestly into this market.
Backed by decades of knowledge and expertise, CoreTech is equipped to expand into this new vertical. CoreTech is a 2014 SEMI.org member, has developed relationships with accomplished semiconductor professionals as associate advisors and has recently brought on a highly regarded and richly experienced professional to the CoreTech Team, Gary Atkins.
Gary was a founding member in the launching and successful implementation of two Fortune 500 Equipment Leasing Companies including Comdisco Electronics Group, with his division originating $3.6 Billion in asset-based business. Gary was also an original member of Babcock & Brown Electronics Management (BBEM) LLC, a $400M originated asset based business. Gary has been instrumental in developing new and innovative products and services to the benefit of both customers and vendors, and has successfully managed teams inside and outside his organizations to meet overall business goals.
Gary brings long term relationships and a deep breadth of industry expertise to take the lead on CoreTech’s relationships with OEMs (Original Equipment Manufacturers) and IDMs (Integrated Device Manufacturers) on both front end manufacturing and back end test and lab equipment.
Scott McFetters, President of CoreTech Leasing, said, “CoreTech is excited to tackle a new vertical and to provide our services in the rapidly growing semiconductor market. We’re pleased to welcome such an experienced and high-caliber industry professional such as Gary onto the CoreTech team to support this expansion. Gary adds decades of experience and his extensive knowledge of the semiconductor industry will be instrumental to diversifying CoreTech’s portfolio.”
Gary Atkins, said, “Scott has built an impeccable reputation for himself and CoreTech. I am excited to further expand CoreTech’s reputation of professionalism, credibility and expertise into the semiconductor market.”
About CoreTech Leasing, Inc.
CoreTech Leasing is an independent technology and equipment lessor. CoreTech was founded on over two decades of leasing expertise and, combined, CoreTech’s team delivers over a century of experience in technology and equipment leasing, lease administration and lease servicing to law firms, corporations, medical and educational institutions, professional services organizations and the semiconductor industry. CoreTech is based in Newport Beach and Emeryville, CA.
For more information on CoreTech Leasing, visit us on the web at http://www.coretechleasing.com, connect with us on LinkedIn, follow us on Twitter where our handle is @CoreTech, and also see what the CoreTech team is up to on Facebook at http://www.facebook.com/TechnologyLeasing .