New building/equipment for an existing manufacturer of air conditioning components: ATA was formed in 2015 and acquired equipment from American Tubing, Inc., a Springdale-based company founded in 1976 to manufacture and fabricate components for refrigeration, HVAC (heating, ventilation and air conditioning), defense and automation products.
The new Springdale plant employs cutting-edge brazing technology that reduces the contamination between aluminum and copper. It also enable the company to focus on transitioning its tubing from copper to aluminum, which is lighter and less susceptible to corrosion. This facility, located in TIF District and Local Economic Zone with 20.50% poverty, 70.51% AMI, and Unemployment 1.32x national average, is projected to increase headcount by approximately 100 people (highly minority based and majority Hispanic) over the next four years. (NNMF NMTCs: $10 million)