NORDBORG, Denmark - Denmark-based Danfoss A/S and Dorval, Quebec-based Turbocor Inc. today announced the formation of a fifty-fifty joint venture to be named Danfoss Turbocor Compressors Inc., which will be based in Montreal. The new company is formed with Turbocor's existing product line of oil-free centrifugal refrigerant compressors, its growing worldwide customer base, and its manufacturing facility in Montreal.
Initially, it will employ 70 people. Joe Orosz, president of Danfoss Commercial Compressors Ltd., Lawrenceville, Ga., has been appointed president of the new company.