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Modine Manufacturing Co. provides thermal management technology and engineered heating, cooling and ventilation solutions for mission-critical applications. News about MOD commonly covers operating and financial results, investor conference participation, product development, and capacity additions across its Climate Solutions, Data Centers and Performance Technologies businesses.
Company updates often center on Airedale by Modine data center cooling systems, including TurboChill chiller platforms, free-cooling architectures, and liquid-cooling support for high-density computing environments. Other recurring topics include global manufacturing expansion, energy- and water-efficiency applications, emissions-reduction technologies, governance matters, and changes affecting the company’s segment portfolio.
Modine (NYSE: MOD) reported third quarter fiscal 2026 net sales of $805.0 million, up 31% year‑over‑year, driven by a 51% increase in Climate Solutions sales and 78% growth in data center sales. Adjusted EBITDA was $119.6 million (up 37%). The company recorded a $116.1 million non‑cash charge for U.S. pension termination, producing a GAAP net loss of $46.8 million (loss per share $0.90). Modine raised fiscal 2026 guidance to net sales +20–25% and adjusted EBITDA $455–475 million.
Airedale by Modine (NYSE: MOD) on January 22, 2026 announced the TurboChill 3+MW, a new hybrid air-cooled chiller aimed at high-density, GPU-powered AI data centers. The unit expands the TurboChill platform with industry-leading heat-rejection capacity and a wider free-cooling operating range to reduce mechanical cooling and energy use.
The design targets varied real-world conditions by combining enhanced free cooling where possible with refrigerant-based mechanical cooling for peak loads and reliability, and is engineered to operate across a broad range of supply and return water temperatures common in modern data centers.
Modine (NYSE: MOD) will host a conference call and webcast to review third quarter fiscal 2026 results for the period ended December 31, 2025.
Results will be released after the market close on February 4, 2026; the live call is scheduled for February 5, 2026 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) with CEO Neil D. Brinker and CFO Michael B. Lucareli. Investors can join the live webcast with presentation slides via Modine's investor website at least 10 minutes before the start.
A replay of slides and audio will be available on or after February 5, 2026; an audio-only replay is available through midnight on February 12, 2026 by dialing 877-660-6853 (international 201-612-7415) and entering Conference ID 13757387. A transcript will be posted on or after February 9, 2026.
Airedale by Modine (NYSE: MOD) highlighted its air-cooled chillers with concurrent free cooling and a broad cooling portfolio designed for higher-temperature, higher-heat-density data center architectures on Jan. 13, 2026. The company emphasized 20+ years of free-cooling expertise, variable-speed components (EC fans up to 70% more efficient at part-load), and intelligent controls such as the Airedale Cooling System Optimizer to stage up to 20 chillers and minimize PUE as thermal densities rise. The release also notes solutions for AHUs, CDUs, dry coolers and advancing immersion cooling to support next-generation chips.
Modine (NYSE: MOD) added a stainless steel variant to its Airedale TurboChill DCS chiller range on November 18, 2025.
The stainless steel design provides a robust, corrosion-resistant interface for facility water loops, improves circuit cleanliness, supports high-pressure direct liquid cooling (DLC) for high-density AI data centers, and can enable removal of in-row coolant distribution units (CDUs) to free hall space and simplify infrastructure.
Technical highlights include suitability for ambient temperatures up to 55°C (131°F), use of low-GWP refrigerant R1234ze (GWP 1.37), oil-free Turbocor centrifugal compressors, a modular 'V' coil with Enhanced Free Cooling, and Seismic Design Category D rating for global application.
Modine (NYSE: MOD) opened a new 155,000-square-foot manufacturing facility in Franklin, Wisconsin on Nov. 17, 2025 to expand production of Airedale by Modine data center cooling solutions.
The Franklin site is part of a multi-year $100 million investment announced in July to scale data center cooling capacity and will create more than 300 jobs by March 2026, rising to approximately 430 employees within three years. The investment also covers a new facility in Grand Prairie, Texas, and expansions in Grenada, Mississippi and Jefferson City, Missouri, plus enhanced engineering, product development and testing capabilities.
Modine (NYSE: MOD) reported second quarter fiscal 2026 results for the period ended September 30, 2025, with net sales of $738.9M (+12% year-over-year) and net earnings of $44.8M (down 3%). Adjusted EBITDA was $103.8M (+4%) and adjusted EPS was $1.06 (+9%).
The company raised fiscal 2026 revenue guidance to +15% to +20% (from +10% to +15%) and reiterated adjusted EBITDA guidance of $440M–$470M. Climate Solutions led growth: segment sales of $454.4M (+24%), with data center sales up 42%. Gross margin declined 290 bps to 22.3% amid capacity expansion costs. Free cash flow was negative $30.3M for six months and net debt rose to $498.3M.
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.