Kanthal will sell its semiconductor capital equipment business to Yield Engineering Systems Inc. (YES) of Fremont, Calif. Kanthal will continue to produce its semiconductor and solar-related, resistance-based cassettes and heating elements. The company also manufactures industrial heating elements and related accessories as well as vacuumed-formed insulating products.

Focused on serving the semiconductor, display and life sciences markets, YES produces high volume manufacturing equipment used to implement novel clean, coat and cure processing steps.