Modine Manf Stock Price, News & Analysis

Modine (NYSE: MOD) will release second quarter fiscal 2026 results for the period ended September 30, 2025 after market close on Tuesday, October 28, 2025. The company will host a conference call and webcast to discuss results on Wednesday, October 29, 2025 at 10:00 a.m. Central Time (11:00 a.m. ET), featuring CEO Neil D. Brinker and CFO Michael B. Lucareli.

Investors can access the live webcast and presentation slides via Modine's investor website at least 10 minutes before the event. A replay of slides and audio will be available on or after October 29, 2025, with an audio-only replay through midnight on November 5, 2025 (dial 877-660-6853 or international 201-612-7415; Conference ID# 13755492). A transcript will be posted on or after October 31, 2025.

Modine (NYSE:MOD), a global thermal management technology leader, has appointed Jeremy Patten as President of its Performance Technologies (PT) segment. In his new role, Patten will lead the company's Heavy-Duty Equipment and On-Highway Applications product groups, overseeing heat exchanger and cooling module solutions for power generation, agriculture, construction equipment, and commercial vehicle markets.

Patten brings over 20 years of experience, most recently serving as President of the Packaging and Food Technology Group at ATS Corp. His background includes vice president positions at IDEX companies and operations roles at Danaher. He holds a bachelor's degree from West Point and an MBA, with five years of U.S. Army service.

Modine (NYSE:MOD) is expanding its workforce to support growing data center business, with plans to hire dozens of employees for its new 153,000-square-foot Franklin facility. The company currently has 55 immediate openings across various positions and expects to employ approximately 300 workers by March 2026.

The expansion is part of Modine's $100 million investment to enhance U.S. manufacturing capacity for Airedale by Modine™ data center cooling products across four sites. The company is offering competitive compensation, with starting wages of $22/hour for assemblers and $32/hour for certified welders, along with immediate health benefits.

Modine (NYSE:MOD) has launched updated Computer Room Air Conditioners (CRAC) and Air Handlers (CRAH) for North American edge data centers under its Airedale brand. The new product lineup includes EdgeDX™, a CRAC series offering 30kW to 95kW cooling capacity, and EdgeAire™, a CRAH series delivering 50kW to 300kW cooling capacity.

Both solutions feature compact designs, flexible configurations, and use low Global Warming Potential (GWP) refrigerants. The products are manufactured in the U.S., supported by a comprehensive North American distribution network, and will be showcased at Yotta'25 in Las Vegas from September 8-11, 2025.

Modine (NYSE:MOD) has officially opened a new 100,000 square foot manufacturing facility in Chennai, India to produce Airedale by Modine™ data center cooling equipment. The facility marks the beginning of full-scale production to serve the growing data center market across the Asia-Pacific (APAC) region.

The facility launched with the production of the AireWall ONE™ fan wall, with plans to incorporate more product ranges. This expansion complements Modine's recent U.S. production investments and aims to meet increasing demand driven by AI applications. The company's product portfolio includes high-efficiency chillers, indoor air systems, liquid cooling technologies, intelligent controls, and building management systems.

Modine (NYSE:MOD) reported strong Q1 fiscal 2026 results with net sales of $682.8M, up 3% year-over-year, and net earnings of $51.7M, an 8% increase. The company's Climate Solutions segment showed impressive growth with 11% higher sales, driven by data center and HVAC technologies, while Performance Technologies saw an 8% decline.

Modine raised its fiscal 2026 guidance, now expecting 10-15% net sales growth and adjusted EBITDA of $440M to $470M. The company plans to expand its North American manufacturing capacity for data center products, targeting $2B in data center revenues by fiscal 2028. The quarter ended with total debt of $527.1M and cash and equivalents of $124.5M.

Modine (NYSE:MOD), a thermal management technology leader, has announced a $100 million investment to expand its U.S. manufacturing capacity for data center cooling products. The expansion includes new facilities in Dallas, TX, and expansions in Grenada, MS, with potential repurposing of sites in Franklin, WI, and Jefferson City, MO.

The company projects its total data centers revenue to approach $2 billion by Fiscal 2028. The investment, planned over 12-18 months, will enhance engineering capabilities, create new jobs, and support employee retraining. The expansion aims to meet growing demand from hyperscale and colocation data center customers, particularly driven by AI and high-density computing needs.

Modine (NYSE: MOD), a global thermal management technology leader, has released its 2025 Sustainability Report outlining ambitious 2030 environmental targets. The company's primary goal is to achieve a 30% reduction in absolute Scope 1 and 2 emissions from operations compared to 2018 baseline.

The report highlights significant achievements including exceptional safety performance records, reductions in facility emissions, energy intensity, waste, and water usage. For the first time, Modine has included select Scope 3 emissions data, demonstrating its commitment to comprehensive climate action and sustainability strategies.

Modine (NYSE: MOD), a global thermal management technology leader, has appointed Alan Lowe to its Board of Directors effective July 18, 2025. Lowe brings extensive executive experience, having served as President and CEO of Lumentum Holdings from 2015 to 2025, where he led the company's operations in optical and photonic products for AI, cloud computing, and telecommunications markets.

Lowe's background includes leadership roles at Viavi Solutions, Asyst Technologies, and Read-Rite Corporation. He currently serves on the Board of Directors of Qorvo, Inc. since November 2024. He holds a Bachelor's degree in Computer Science and Business Economics from UC Santa Barbara and will serve on Modine's Audit and Corporate Governance committees.