Company says it’s closing compressor factory in Arkansas

FOX24

Photo: Danfoss Website

ARKADELPHIA, Ark. (AP) — A compressor factory in Arkadelphia is closing down, a move that will affect 170 employees.

Danfoss announced Tuesday it’s closing its facility that makes compressors for air-conditioning units and commercial freezers.

The plant’s employees will be furloughed by the end of 2020.

The company said in a statement that the closure is because of decreasing market demand and that it’s working to provide support for the furloughed employees.

Danfoss is a privately held company and has more than 25,000 employees worldwide.

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