Modine is riding a boom in data-center cooling, but that growth may be more fragile than it looks if one big customer changes direction or new factory capacity sits idle. The story hinges on whether expanding beyond data centers and reshaping the company can keep profits growing even as supply chain and cost pressures linger.Read more
Modine’s data center cooling business sees a surge in demand, and long-term supply deals with a major customer could make its growth more predictable than most industrial companies. The big question is whether it can scale new factory capacity smoothly and avoid supply hiccups while relying on a small group of giant buyers.Read more
Modine is riding a wave of new demand from data centers that need more advanced cooling, and its push to build more local production could help it win and deliver big orders faster. The catch is that shifting away from older product lines while absorbing recent acquisitions makes the expansion harder to execute, and a slowdown in data center spending could sting.Read more
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Modine Manufacturing Company designs, engineers, tests, manufactures, and sells mission-critical thermal solutions in the United States, Canada, Italy, Hungary, the United Kingdom, China, and internationally. It offers heat transfer products, including round tube plate fin construction; gas-fired, hydronic, electric, and oil fired unit heaters; roof-mounted direct- and indirect-fired makeup air units, duct furnaces, infrared units, and perimeter heating products; single packaged unit ventilators, modular chillers, air handler and condensing units, and ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers. The company also provides data center products that consists of IT cooling solutions, including chillers, dry coolers, precision air handling units, computer room air conditioning, computer room air handler units, fan walls, rear-door heat exchangers, coolant distribution units, and immersion solutions, as well as sells replacement parts, maintenance service and control solutions for existing equipment and new building management controls and systems. In addition, it offers powertrain cooling products, such as radiators, condensers, engine cooling modules, charge air coolers, fan shrouds, and surge tanks; cooling module generator sets; aluminum and stainless steel engine oil coolers, exhaust gas recirculation coolers, liquid charge air coolers, transmission and retarder oil coolers, chillers, and condensers; battery thermal management systems, electronics cooling packages, battery chillers, battery cooling plates, coolers and casings for electronics cooling, and coolers for electric axles; and coatings products and application services. The company was incorporated in 1916 and is headquartered in Racine, Wisconsin.
