Growth in Data Center Business Drives Hiring for New Franklin Facility

Rhea-AI Summary

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.

Positive

• Significant $100 million investment in U.S. manufacturing expansion
• Creating 300 new jobs by March 2026
• Strong data center business growth driving expansion
• Competitive wages and immediate health benefits offered
• Multi-facility expansion across four U.S. locations

Negative

• None.

News Market Reaction

-2.40%

1 alert

-2.40% News Effect

-$195M Valuation Impact

$7.94B Market Cap

1.5x Rel. Volume

On the day this news was published, MOD declined 2.40%, reflecting a moderate negative market reaction. This price movement removed approximately $195M from the company's valuation, bringing the market cap to $7.94B at that time.

Data tracked by StockTitan Argus on the day of publication.

Modine Hosting Career Fair, Launching Billboard Campaign to Fill Immediate Openings

RACINE, Wis., Sept. 22, 2025 /PRNewswire/ -- Modine, a diversified global leader in thermal management technology and solutions, is looking to hire dozens of employees for its new Franklin facility at 3303 W. Oakwood Rd. The company has 55 immediate openings—from entry level production assemblers to certified welders, production leaders, engineers and a variety of other advanced manufacturing positions.   

Earlier this year, Modine signed a lease for the 153,000-square-foot Franklin plant. The company plans to take occupancy early November and will begin production soon after. By the end of March 2026, Modine expects to have approximately 300 employees at the location.

"With the exciting growth in data centers driving demand for our products, we encourage those who are looking for a good-paying job with excellent benefits to attend our career fair or apply online to learn about the positions that might be a fit for you," says Ashley Arner, Human Resources Director for Data Centers, at Modine. "We're looking to add talent immediately to build these large unique thermal systems, and we are willing to train those without experience who are interested in working with Modine."

The new Franklin facility and the push to ramp up staffing is driven by an increase in Modine's North American data center business. In July, the company announced it would invest $100 million to expand U.S. manufacturing capacity for Airedale by Modine™ data center cooling products.

The $100 million investment over the next 12-18 months will expand manufacturing at four sites to support data center growth, including a new facility in the Dallas, TX, area, and expansion in Grenada, MS, Franklin, WI, and Jefferson City, MO. The investment also will enhance engineering, product development and testing capabilities, create new jobs and support the redeployment and retraining of existing Modine employees.

Career Fair & Outdoor Campaign

On Thurs., Sept. 25, 2 - 7 p.m., and Fri., Sept. 26, 9 a.m. – 1 p.m., Modine is hosting a career at its new facility at 3303 W. Oakwood Road in Franklin. The company will have HR professionals onsite to discuss open positions, conduct on-the-spot interviews and extend initial offers. Those who are interested are encouraged to register in advance at https://forms.office.com/r/pic57jqDfe but the company is also welcoming walk in interviewees.

Modine has first-shift openings and is offering competitive hourly pay that starts at $22 for production assemblers and $32 for certified welders. All who are hired will receive health insurance and other benefits the first day on the job.

In addition to the career fair, Modine is executing an outdoor advertising campaign. Beginning in late September, employee recruitment billboards around the Milwaukee area will appear and continue to run through early November.

Below are links to assembler and certified welder positions posted on Modine's website.

Assembler - https://careers.modine.com/job/Assembler/4748-en_US/

Certified Welder - https://careers.modine.com/job/Welder-Certified/4663-en_US/

For more information, visit https://careers.modine.com/.

About Modine
For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 11,000 employees worldwide, our Climate Solutions and Performance Technologies segments advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit modine.com.

Contact: Ashley Conley ashley.m.conley@modine.com
Monica Baer mbaer@baercarlson.com

Investor Contact: Kathleen Powers; (262)-636-1687; Kathleen.t.powers@modine.com

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SOURCE Modine

FAQ

How many jobs is Modine (MOD) creating at its new Franklin facility?

Modine is creating 300 jobs at its new Franklin facility by March 2026, with 55 immediate openings currently available.

What is the size of Modine's investment in U.S. manufacturing expansion?

Modine is investing $100 million over 12-18 months to expand manufacturing capacity across four U.S. sites for data center cooling products.

What are the starting wages for new positions at Modine's Franklin facility?

Modine is offering starting wages of $22 per hour for production assemblers and $32 per hour for certified welders, with health insurance from day one.

Where are Modine's new manufacturing expansion locations?

Modine is expanding manufacturing in Franklin, WI; Dallas, TX area; Grenada, MS; and Jefferson City, MO.

When will Modine's new Franklin facility begin operations?

Modine plans to take occupancy of the Franklin facility in early November 2025 and will begin production shortly after.