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Company Directory - FormFactor, Inc.

Company Details - FormFactor, Inc.

FormFactor, Inc. Logo

FormFactor, Inc.

Website

Livermore, USA

NASDAQ: FORM 

FormFactor is a leading provider of test and measurement solutions for semiconductor manufacturers, specializing in advanced probe technology.

CCI Score

CCI Score: FormFactor, Inc.

-36.48

0.04%

Latest Event

Clean Air Act Violations Settlement

FormFactor Inc. will pay a civil penalty of $258,170 to settle claims regarding Clean Air Act violations at its Livermore nickel-plating facility, following a failure to maintain proper emission controls and compliance records.

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TOADIE

FormFactor, Inc. is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Clean Air Act Violations Settlement Logo
    DEC
    12
    2023

    FormFactor Inc. will pay a civil penalty of $258,170 to settle claims regarding Clean Air Act violations at its Livermore nickel-plating facility, following a failure to maintain proper emission controls and compliance records.

  • -50

    Business Practices and Ethical Responsibility

    March 29

    FormFactor Inc.'s failure to document and maintain proper emission control records at its nickel-plating facility led to violations of the Clean Air Act. This lack of proper environmental compliance and transparency is indicative of substandard business practices that compromise public health and community safety.

    FormFactor Inc. to Pay Penalty to Settle Claims of Clean Air Act Violations at Livermore Facility

  • FormFactor Inc. Settles Clean Air Act Violations Logo
    DEC
    12
    2023

    The EPA announced a settlement with FormFactor Inc. on December 12, 2023, resulting in a civil penalty of $258,170 for Clean Air Act violations at its Livermore nickel-plating facility. The company failed to maintain proper emission control records between 2017 and 2020, though it has since certified compliance with the Act.

  • -40

    Business Practices and Ethical Responsibility

    March 29

    FormFactor Inc.'s failure to provide proper documentation and maintain critical emission control records represents unethical business practices that jeopardize public health and environmental safety. This breach of ethical responsibility undermines community trust and reflects poorly on corporate accountability standards.

    FormFactor Inc. to Pay Penalty to Settle Claims of Clean Air Act Violations at Livermore Facility

  • FormFactor Cuts Over 200 Jobs at Livermore Headquarters Logo
    NOV
    01
    2022

    FormFactor Inc. announced significant layoffs at its Livermore headquarters, cutting more than 210 jobs—including both full-time employees and contract workers—in response to weakened semiconductor demand and new U.S.-China trade restrictions. This move is a cost‐cutting measure aimed at preserving profitability, but it raises concerns about the adverse impact on worker rights and job security.

  • -40

    Labor Relations and Human Rights Practices

    March 29

    The mass layoffs, impacting over 200 workers, directly undermine worker rights and highlight a disregard for fair labor practices. In an environment where protecting worker livelihoods is essential, this restructuring move driven by economic pressures and trade issues has a distinctly negative impact on labor relations.

    FormFactor Inc. cuts more than 200 jobs at Livermore headquarters - San Francisco Business Times

Industries

334413
Semiconductor and Related Device Manufacturing
334418
Printed Circuit Assembly (Electronic Assembly) Manufacturing
334519
Other Measuring and Controlling Device Manufacturing