Brief: Danfoss A/S and Turbocor Inc.

Denmark-based Danfoss A/S and Canada-based Turbocor Inc. recently announced the setting up of a 50/50 joint-venture to be named Danfoss Turbocor Compressors Inc. This agreement will enable this joint-venture company to provide the market with centrifugal compressors using the the new magnetic-bearing technology primarily developed by Turbocor.