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People & Business :: Companies
Air Products Acquires Semiconductor Equipment Firm
11:53 AM MDT | June 15, 2011 | Vincent Valk
Air Products has acquired Poly-Flow Engineering (PFE; Albuquerque, NM) from Ktech Corporation (Albuquerque, NM) for an undisclosed sum, the company announced today. PFE supplies chemical delivery and precision cleaning equipment for semiconductor makers. The company also serves the optical fiber, solar and medical sectors. It has 100 employees. "The acquisition of Poly-Flow Engineering is a good fit with our existing equipment business and should be immediately accretive to our bottom line," says Jae Woon You, general manager/electronics...
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