Acquisition provides direct-fired industrial heating, ventilation, and make-up air systems that complement Modine's existing Heating and Indoor Air Quality businesses RACINE, Wis., March 11, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in innovative thermal management technology and solutions, announced today that it had entered into a definitive agreement to acquire Ab...
New authorization demonstrates confidence in the future of Modine RACINE, Wis. , March 7, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that its Board of Directors has authorized a share repurchase program allowing the company to repurchase up to $100 million of the company's outstanding common stock from tim...
CDUs are essential for colocation, hyperscale and edge-based data center providers seeking to manage higher-density IT heat loads RACINE, Wis. , March 5, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technologies and solutions, today announced expanded capacities for its range of coolant distribution units (CDUs) sold under its Airedale by Modine™ br...
RACINE, Wis. , Feb. 27, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced $180 million in orders for Airedale by Modine™ data center cooling systems from a new customer that is a leading AI infrastructure developer.
Leveraging 80/20 processes to accelerate transformation of Performance Technologies segment; long-term strategy remains on track RACINE, Wis. , Feb. 26, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that Adrian I.
Elections have consequences, but they also create opportunities. With the 2024 election in the rearview mirror, Elon Musk is making headlines for many reasons unrelated to his multiple businesses.
The DeepSeek-induced selloff by -30.2% has already triggered the much-needed moderation in Modine Manufacturing's previously expensive stock valuations, offering investors with an improved margin of safety. Market trends continue to point to a durable data center capex trend, as similarly highlighted by the management, market leaders, and its hyperscaler partners. MOD's fundamentals remain robu...
Modine Manufacturing Company (NYSE:MOD ) Q3 2025 Earnings Conference Call February 5, 2025 11:00 AM ET Company Participants Kathy Powers - VP, IR and Treasurer Neil Brinker - President and Chief Executive Officer Mick Lucareli - EVP and Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Canyon Hayes - D.A. Davidson Noah Kaye - Oppenheimer Brian Drab - William Blai...
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