NYSE:MODBuilding
Can Modine (MOD) Turning Data Centers Into a Standalone Segment Redefine Its Core Strategy?
Modine Manufacturing recently appointed Art Laszlo as president of its newly created data centers segment, formalizing a push into data center cooling after investing more than US$100 million in added capacity, including a new Franklin, Wisconsin plant.
This move follows data center cooling revenues rising to about US$640 million in fiscal 2025 and the decision to spin off the weaker-performing Performance Technologies segment into a combination with Gentherm Incorporated, sharpening...