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Fuel Tech Completes Tackticks Purchase

Air-pollution control systems maker Fuel Tech Inc. has completed its purchase of niche companies Tackticks LLC and FlowTack LLC for $4 million in cash.

WARRENVILLE, Ill. (AP) -- Air-pollution control systems maker Fuel Tech Inc. said Friday that it has completed its purchase of niche companies Tackticks LLC and FlowTack LLC for $4 million in cash.

Tackticks makes products used in catalytic reduction devices that control nitrogen oxide emissions. FlowTack makes products used by power generators to control emissions.

The two Durham, N.C.-based companies have 11 employees combined and had revenue of $3 million in 2007.

Fuel Tech shares rose 1 cent to $17.73 in morning trading.

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