White Knight Fluid Handling Inc., a Kamos, Utah-based subsidiary of Graco Inc., announced plans to acquire Heateflex, an Arcadia, Calif.-based manufacturer of ultra-pure fluid and gas heating equipment for the semiconductor, solar, LED, displays and electronics industries, as well as other markets.

“Heateflex offers heating and temperature control components that are complementary to White Knight’s pumping and flow control products, giving our customers an expanded one-stop supplier for their equipment,” says David Kingsbury, vice president of sales and marketing for White Knight. “Over the years, Heateflex has built a strong reputation for providing high-quality, reliable products to their customers worldwide. The company’s 45-year history serving the worldwide semiconductor market combined with White Knight’s 30-plus-year history provides an unparalleled wealth of experience and product knowledge to support our combined customers.”

“This is an important step in the next stage of White Knight’s growth,” says Steve Smith, chief executive officer of White Knight. “The addition of Heateflex to White Knight is part of an overall Graco strategy to deliver expanded products, technology and services to a growing list of customers in the worldwide semiconductor and solar markets.”

Heateflex employs approximately 35 people at its Arcadia headquarters.