The fatty acid synthases (FASs) 1 associated with the soluble cytoplasm of yeast and animal cells comprise large multifunctional polypeptides that contain all of the catalytic components required for the synthesis of long-chain fatty acids from malonyl-CoA de novo. These multifunctional polypeptides are commonly referred to as type I FASs. The animal FASs consist of two identical polypeptides of approximately 2500 residues (␣ 2 ), whereas the yeast FAS comprises six copies each of two nonidentical polypeptides (␣ 6  6 ; ␣ ϭ 1845,  ϭ 1887 residues) (1, 2). In most bacteria and in plant plastids, the various catalytic components of the FAS are present on separate discrete polypeptides and are commonly referred to as type II FASs (3). An essential component of both type I and type II systems is a small molecular mass domain/polypeptide known as an acyl carrier protein (ACP) that is posttranslationally modified, by insertion of a 20-Å-long phosphopantetheinyl moiety, derived from CoA, to a positionally conserved serine residue (4). The terminal sulfhydryl of the phosphopantetheinyl moiety provides the site of covalent attachment of the substrates and the growing fatty acyl chain, so that the phosphopantetheine plays an essential role as a "swinging arm" in the translocation of intermediates between different catalytic sites of the FASs (5). ACPs fulfill a similar role in the type I and type II polyketide synthases (PKSs) found mainly in bacteria and fungi that are capable of elaborating a broad range of secondary metabolites.Fungi (6, 7), animal, and plant cells also contain a type II FAS system in their mitochondria. The role of the mitochondrial FASs is not well established, but it has been suggested that, at least in fungi and plants, they may serve to provide octanoate, the precursor of lipoic acid and/or long-chain fatty acids that are used in the remodeling of mitochondrial phospholipids (7-10). The ACP component of the mitochondrial FAS appears to be associated with the respiratory complex I in animals and in Neurospora crassa (11,12). Phosphopantetheinylated carrier proteins also play an essential role as components of the non-ribosomal peptide synthases found in microorganisms that are responsible for producing a variety of short peptides containing both proteogenic and unusual amino acids (13). The nonribosomal peptide synthases also comprise multifunctional polypeptides in which the role of the carrier protein domain is to translocate amino acyl moieties from an adenylation domain to a condensation domain, where formation of a new peptide bond takes place (14).Enzymes capable of phosphopantetheinylating carrier proteins involved in the biosynthesis of fatty acids, polyketides, and peptides have been identified and characterized from a variety of sources. Many organisms have more than one phosphopantetheine transferase (PPTase), and different PPTases commonly are utilized to service carrier proteins associated with FASs and non-ribosomal peptide synthases within the same species (4, 15). Yeast utilizes...