Modine Manufacturing Company Stock News

Modine Manufacturing's strategic shift to AI data center cooling, driven by acquisitions, positions it for significant growth. Successful integration of Scott Springfield and Airedale enhances Modine's competitive edge in advanced cooling solutions, crucial for AI and cloud computing markets. Despite challenges in traditional markets, Modine's Climate Solutions segment shows robust growth, with...

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...