FORT WORTH, TX — EVTC, Inc., a national provider of refrigerant solutions, has announced a business restructuring initiative to align the company with current market conditions and prepare it for future profitable growth.

The company will close four remote, full-service warehouse locations and, in conjunction with those closings, is reducing its workforce by 18%.

According to the company, these actions are being taken to take advantage of the excess capacity it has at its Fort Worth, TX facility, and use a more efficient refrigerant distribution and reclamation business model.