Denmark-basedDanfoss A/Sand Montreal-basedTurbocor Inc. recently announced the formation of a 50/50 joint venture to be named Danfoss Turbocor Compressors Inc. 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 employing 77 people. HVAC industry veteran Joe Orosz, president of Danfoss Commercial Compressors Ltd., Lawrenceville, GA, has been appointed president of the new company.