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.