Modine agreed to spin off its performance technologies business and combine it with Gentherm in a $1 billion deal intended to create a leader in the thermal management market. Modine will receive a ...

・Before the transaction closes, Modine is expected to receive a cash distribution of about $210 million from the spun-off unit. ・Afterward, Modine holders will own approximately 40% of the combined ...

NOVI, Mich. and RACINE, Wis., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, and Modine (NYSE: ...

Modine Manufacturing Company MOD is accelerating its shift into a pure-play climate solutions business focused on high-growth ...

Modine Manufacturing (MOD) stock jumped after the thermal management technology company announced a sale of its performance technologies business to Gentherm (THRM) for ~$1B. The transaction value ...

Modine aims to triple data center cooling revenue to $1.1 billion in three years. The strategic 80/20 shift, focusing on high-growth, high-margin businesses, has improved financials, with significant ...

Racine-based manufacturer Modine has secured a $180 million order to make data center cooling systems for an undisclosed buyer. The buyer is a leader in artificial intelligence infrastructure ...

RACINE, Wis., July 2, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology, today announced the expansion of its EVantage™ portfolio with the launch of ...

M odine will invest more than $38 million in Mississippi to expand manufacturing capacity for data center chillers. The thermal management technology company’s planned investment through the end of ...

Racine-based Modine has opened its newest facility in Franklin dedicated to boosting production of the company’s data center cooling products. Plans for the 153,000-square-foot plant at 3303 W.