Welcome to our dedicated page for Modine Manf news (Ticker: MOD), a resource for investors and traders seeking the latest updates and insights on Modine Manf stock.
News and updates for Modine Manufacturing Co (NYSE: MOD) focus on its activities as a global thermal management company with Climate Solutions and Performance Technologies segments. Recent press releases highlight Modine’s emphasis on data center cooling, HVAC technologies, and engineered heat transfer systems for vehicular and industrial markets, alongside corporate and financial developments.
Investors following MOD news will find regular announcements about data center cooling solutions under the Airedale by Modine brand, including air-cooled chillers with free cooling, TurboChill DCS chillers for direct liquid cooling, and edge data center cooling systems such as EdgeDX and EdgeAire. Modine also reports on facility expansions, such as new and expanded manufacturing sites in Franklin, Wisconsin, and Chennai, India, aimed at increasing capacity for Airedale by Modine data center equipment and supporting demand across North America and the Asia-Pacific region.
Financial news for Modine typically includes quarterly results, segment performance for Climate Solutions and Performance Technologies, and updates to fiscal outlooks. These items are often accompanied by details on data center product demand, acquisitions within Climate Solutions, and restructuring or product group changes within Performance Technologies. Corporate governance and capital markets updates, such as board appointments, director retirements, shareholder meeting outcomes, and amendments to the company’s credit agreement, are also reported through news releases and related SEC filings.
This page aggregates such coverage so readers can review Modine’s latest product launches, manufacturing investments, earnings announcements, and governance changes in one place. For those tracking the MOD stock story, the news feed offers context on how Modine’s data center cooling strategy, global operations, and segment performance evolve over time.
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.
Modine (NYSE: MOD), a global thermal management technology leader, will release its first quarter fiscal 2026 financial results on July 30, 2025, after market close. The company will host an earnings conference call on July 31, 2025, at 10:00 a.m. Central Time.
CEO Neil D. Brinker and CFO Michael B. Lucareli will review the quarterly results during the call. Investors can access the live webcast through Modine's investor relations website, with presentation slides available. An audio replay will be accessible until August 7, 2025, and a transcript will be posted by August 4, 2025.
Modine (NYSE: MOD) has announced the acquisition of Climate by Design International (CDI), a Minnesota-based manufacturer specializing in desiccant dehumidification technology and critical process air handlers. This strategic acquisition enhances Modine's commercial indoor air quality (IAQ) solutions portfolio and follows their previous acquisitions of Napps Technology in 2023 and Scott Springfield in 2024.
CDI's specialized technologies provide critical humidity control capabilities for low-temperature environments, particularly in sectors such as pharmaceutical manufacturing, healthcare, food processing, cold storage, battery manufacturing, and ice arenas. The acquisition grants Modine additional U.S. manufacturing capacity for air-handling systems and access to new end markets.
The transaction is expected to be accretive to earnings before synergies and will drive incremental growth through Modine's 80/20 operating model. CDI will be integrated into Modine's comprehensive Commercial IAQ portfolio, with Oppenheimer & Co. Inc. serving as the exclusive financial advisor for the transaction.
Modine (NYSE:MOD), a global thermal management technology leader, has launched the DSU destratification fan, designed for enhanced air circulation in industrial and commercial spaces. The new fan features an industry-leading axial airflow of 6,500 CFM while maintaining a quiet operation at just 71 dBA.
The DSU's key features include an efficient EC motor with continuous speed control, zoning functionality allowing one controller to manage up to 10 units, and flexible installation options. Built with 18-gauge steel for durability, the fan comes in two compact size options and offers both chain suspension and rod mount installations.
The product aims to improve heat distribution in winter and ventilation in summer, specifically targeting warehouses, factories, and large indoor facilities while providing energy savings.