Modine Manufacturing (MOD) is reinventing itself. A century-old maker of heat transfer equipment (they once cooled tractors) is now powering cooling solutions for data centers, a huge growth market. On July 30, Modine announced a $100M investment to expand North American data center capacity. The stock popped on the news and has surged 46.1% recently. From agriculture and construction to commercial HVAC and next-gen data centers, Modine is proving that even old-line industrials can find new life
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In mission-critical operations, reliability is non-negotiable. Our state-of-the-art cooling module is engineered to efficiently cool stationary power generation units, ensuring optimal performance… | Modine Manufacturing Company
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Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, will invest $19.6 million to expand its presence in Buena Vista, Virginia. This strategic investment includes new warehouse, office, and testing facilities, along with advanced machinery to support growth in their heating business. The expansion will create 57 new jobs and establish Buena Vista as the headquarters for Modine’s heating division. Congratulations to Modine, the City of Buena Vi
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