• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Modine Adds MRS, MRL to its Growing Lineup of Infrared Heating Solutions

    10/16/24 7:00:00 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary
    Get the next $MOD alert in real time by email

    The latest additions are innovative and elegant gas-fired units designed to enhance comfort on home patios and decks, restaurant patios, driving ranges and other outdoor entertainment venues, and more

    RACINE, Wis., Oct. 16, 2024 /PRNewswire/ -- Modine (NYSE:MOD), a leader in innovative heating solutions in the HVAC industry, announces the addition of two innovative, low-intensity tube heaters, the MRS and MRL, to its successful and growing catalogue of infrared units.

    The MRS and MRL are the latest additions to Modine's innovative selection of infrared heating solutions.

    "Our growing number of infrared heating offerings is a reflection of strong market demand, and we're happy to continue expanding this line with the MRS and MRL," said Jon Schlemmer, Vice President and General Manager of Modine's Heating business. "These highly reliable gas-fired units showcase Modine's commitment to quality, and we're confident that these attractively designed heaters will enhance the outdoor spaces for homes, restaurants, entertainment venues and other businesses hoping to extend the use of their entertaining spaces regardless of the weather conditions."

    The MRS and MRL are both available in either natural gas or propane configurations and are designed to be easy to install and ready to go out of the box. The aluminum housing and included stainless steel flexible gas connectors ensure durability for each model.

    The MRS has an overall physical length of 9ft and will heat spaces up to 180 square feet. This model is available with a high fire rate of 50,000 btu/hr and low fire rate of 35,000 btu/hr.

    The larger MRL has a physical length of 16ft 4in and will heat up to 312 square feet. More fire rates are available for this model, including:

    • High fire rate of 65,000 btu/hr and a low fire rate of 50,000 btu/hr
    • High fire rate of 80,000 btu/hr and a low fire rate of 52,000 btu/hr
    • High fire rate of 100,000 btu/hr and a low fire rate of 65,000 btu/hr

    "With the MRS and MRL, we're providing even more options for discerning customers using either natural gas or propane as a source," Schlemmer said. "We understand that each outdoor space needing heat is unique, and it's our goal at Modine to have a solution that meets your needs, no matter what fuel source you require or how much space you have available."

    For more information on Modine heating solutions, visit https://www.modinehvac.com/.

    About Modine

    At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and 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 www.modinehvac.com.

    Media Contact:

    Heather Ripley



    (865) 977-1973



    [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/modine-adds-mrs-mrl-to-its-growing-lineup-of-infrared-heating-solutions-302277272.html

    SOURCE Modine

    Get the next $MOD alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Q&A

    New
    • What new products is Modine introducing?

      Modine is launching two new low-intensity tube heaters named MRS and MRL to enhance outdoor heating solutions.

    • What are the heating specifications for the MRS and MRL models?

      The MRS model heats spaces up to 180 square feet with fire rates ranging from 35,000 to 50,000 btu/hr, while the MRL heats spaces up to 312 square feet, with various fire rates from 50,000 to 100,000 btu/hr.

    • What fuel sources are available for the new heaters?

      Modine's new heaters are available in both natural gas and propane configurations, allowing versatility for different users.

    • What features make the MRS and MRL models easy to use?

      The heaters are designed to be easy to install, with durable aluminum housing and stainless steel flexible gas connectors included.

    • What does Modine's expansion in infrared heating offerings indicate about market demand?

      The launch reflects strong market demand for infrared heating solutions, as stated by Jon Schlemmer, Vice President and General Manager of Modine's Heating business.

    Recent Analyst Ratings for
    $MOD

    DatePrice TargetRatingAnalyst
    2/18/2026$263.00Buy
    Roth Capital
    11/20/2025$173.00Buy
    UBS
    6/12/2025$125.00Overweight
    KeyBanc Capital Markets
    8/1/2024$125.00 → $140.00Buy
    B. Riley Securities
    7/29/2024Outperform
    William Blair
    3/19/2024$105.00Outperform
    Oppenheimer
    6/13/2023$40.00Market Outperform
    CJS Securities
    6/7/2023$40.00Buy
    B. Riley Securities
    More analyst ratings

    $MOD
    SEC Filings

    View All

    SEC Form 425 filed by Modine Manufacturing Company

    425 - MODINE MANUFACTURING CO (0000067347) (Subject)

    2/17/26 6:13:04 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Modine Manufacturing Company filed SEC Form 8-K: Regulation FD Disclosure

    8-K - MODINE MANUFACTURING CO (0000067347) (Filer)

    2/17/26 6:10:53 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form 10-Q filed by Modine Manufacturing Company

    10-Q - MODINE MANUFACTURING CO (0000067347) (Filer)

    2/5/26 12:31:51 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Modine Reports Third Quarter Fiscal 2026 Results

    Ongoing execution of planned production ramp for Data Center products drives top-line growth of 51% in Climate Solutions segment; raising full-year outlook for revenue and earnings RACINE, Wis., Feb. 4, 2026 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2025. Third Quarter Highlights: Net sales of $805.0 million increased $188.2 million, or 31 percent, from the prior yearSuccessfully terminated the U.S. pension plan, resulting in a $116.1 million

    2/4/26 4:15:00 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Gentherm and Modine's Performance Technologies Business to Combine, Establishing a Scaled Leader in Thermal Management Solutions

    Expands Gentherm's portfolio with highly complementary thermal management products and engineering capabilities, creating strong commercial opportunities in attractive end markets including power generation, commercial vehicles, and heavy-duty equipmentCreates a compelling and more balanced financial profile for the combined company including lower light vehicle exposure, greater scale, substantial synergies, and a balance sheet with capacity to invest in future growthReverse Morris Trust transaction valued at ~$1.0 billion,1 ~6.8x post-synergy adjusted EBITDA2,3,4 with Modine and Gentherm shareholders expected to own 40% and 60% of the combined company, respectively Accelerates the transfor

    1/29/26 7:00:00 AM ET
    $MOD
    $THRM
    Auto Parts:O.E.M.
    Consumer Discretionary

    Airedale by Modine™ Unveils TurboChill™ 3+MW, Redefining Air-Cooled Efficiency for AI Data Centers

    New hybrid chiller is engineered to efficiently and reliably manage increasing AI workloads RACINE, Wis., Jan. 22, 2026 /PRNewswire/ -- Airedale by Modine™, the global critical cooling specialists and Modine (NYSE:MOD) brand, today announced the TurboChill™ 3+MW. This is the latest expansion to the TurboChill™ chiller platform that provides advanced free-cooling, air-cooled chiller heat rejection to meet the high-density cooling demands of next-generation, GPU-powered data centers. The TurboChill™ 3+MW delivers industry-leading heat rejection capabilities and features an expanded operating range for free cooling, reducing the need for mechanical cooling and lowering energy consumption.

    1/22/26 7:00:00 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Roth Capital initiated coverage on Modine Manufacturing with a new price target

    Roth Capital initiated coverage of Modine Manufacturing with a rating of Buy and set a new price target of $263.00

    2/18/26 7:54:26 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    UBS initiated coverage on Modine Manufacturing with a new price target

    UBS initiated coverage of Modine Manufacturing with a rating of Buy and set a new price target of $173.00

    11/20/25 8:07:30 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    KeyBanc Capital Markets initiated coverage on Modine Manufacturing with a new price target

    KeyBanc Capital Markets initiated coverage of Modine Manufacturing with a rating of Overweight and set a new price target of $125.00

    6/12/25 7:54:58 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Williams Marsha C sold $2,816,520 worth of shares (12,000 units at $234.71), decreasing direct ownership by 10% to 110,653 units (SEC Form 4)

    4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

    2/26/26 3:26:19 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    EVP, CFO Lucareli Michael B exercised 19,595 shares at a strike of $6.62 and sold $4,293,671 worth of shares (19,595 units at $219.12) (SEC Form 4)

    4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

    2/18/26 3:48:52 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Director Garimella Suresh V sold $202,477 worth of shares (1,100 units at $184.07), decreasing direct ownership by 1% to 79,856 units (SEC Form 4)

    4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

    2/3/26 12:02:27 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Wulfsohn William A bought $200,958 worth of shares (2,530 units at $79.43), increasing direct ownership by 53% to 7,277 units (SEC Form 4)

    4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

    3/5/25 9:25:30 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Financials

    Live finance-specific insights

    View All

    Modine Reports Third Quarter Fiscal 2026 Results

    Ongoing execution of planned production ramp for Data Center products drives top-line growth of 51% in Climate Solutions segment; raising full-year outlook for revenue and earnings RACINE, Wis., Feb. 4, 2026 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2025. Third Quarter Highlights: Net sales of $805.0 million increased $188.2 million, or 31 percent, from the prior yearSuccessfully terminated the U.S. pension plan, resulting in a $116.1 million

    2/4/26 4:15:00 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Gentherm and Modine's Performance Technologies Business to Combine, Establishing a Scaled Leader in Thermal Management Solutions

    Expands Gentherm's portfolio with highly complementary thermal management products and engineering capabilities, creating strong commercial opportunities in attractive end markets including power generation, commercial vehicles, and heavy-duty equipmentCreates a compelling and more balanced financial profile for the combined company including lower light vehicle exposure, greater scale, substantial synergies, and a balance sheet with capacity to invest in future growthReverse Morris Trust transaction valued at ~$1.0 billion,1 ~6.8x post-synergy adjusted EBITDA2,3,4 with Modine and Gentherm shareholders expected to own 40% and 60% of the combined company, respectively Accelerates the transfor

    1/29/26 7:00:00 AM ET
    $MOD
    $THRM
    Auto Parts:O.E.M.
    Consumer Discretionary

    Modine to Host Third Quarter Fiscal 2026 Earnings Conference Call on February 5, 2026

    RACINE, Wis., Jan. 21, 2026 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its third quarter financial results for the period ended December 31, 2025, on Thursday, February 5, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Results are scheduled to be released after the market closes on Wednesday, February 4, 2026. During the call, Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Ch

    1/21/26 10:25:00 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Modine Manufacturing Company

    SC 13G/A - MODINE MANUFACTURING CO (0000067347) (Subject)

    11/12/24 3:58:12 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form SC 13G filed by Modine Manufacturing Company

    SC 13G - MODINE MANUFACTURING CO (0000067347) (Subject)

    11/12/24 10:32:13 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Amendment: SEC Form SC 13G/A filed by Modine Manufacturing Company

    SC 13G/A - MODINE MANUFACTURING CO (0000067347) (Subject)

    11/4/24 1:22:57 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    $MOD
    Leadership Updates

    Live Leadership Updates

    View All

    Production of Airedale by Modine™ Data Center Cooling Solutions Begins at Bradford, UK, Site

    Art Laszlo appointed Group Vice President to lead Modine's global Data Centers business RACINE, Wis., Oct. 24, 2024 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today announced the official opening of its 14.6 acre Bradford, UK, site acquired earlier this year. This site will be dedicated to meeting demand for Airedale by Modine™ precision cooling products for data centers, with production launching two months ahead of schedule. "The opening of the Bradford site is another exciting milestone in Modine's expansio

    10/24/24 6:00:00 AM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary

    Luxfer Announces Appointment of Sylvia A. Stein to Board of Directors

    Luxfer Holdings PLC (NYSE:LXFR) ("Luxfer" or the "Company"), a global industrial company innovating niche applications in materials engineering, today announced the appointment of Sylvia A. Stein to the Company's Board of Directors, effective August 1, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220630005131/en/Sylvia A. Stein (Photo: Business Wire) Upon joining the Board, Ms. Stein will serve on the Nominating and Governance Committee and the Audit Committee. With the addition of Ms. Stein, Luxfer's Board of Directors is comprised of six members. "We are pleased to welcome Sylvia to our Board," said Patrick Mullen, Lux

    6/30/22 8:30:00 AM ET
    $KHC
    $LXFR
    $MOD
    Packaged Foods
    Consumer Staples
    Major Chemicals
    Basic Materials

    Modine Reports Fourth Quarter and Full Year Fiscal 2021 Results

    RACINE, Wis., May 26, 2021 /PRNewswire/ -- Modine Manufacturing Company (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2021. Fourth Quarter Highlights: Net sales of $514.9 million increased 9 percent from the prior year Impairment charges of $32.4 million related to assets in the Automotive segment resulted in operating loss of $14.3 million and net loss per share of $0.29 Adjusted EBITDA of $42.2 million, down $1.9 million from the prior year Adjusted ear

    5/26/21 4:30:00 PM ET
    $MOD
    Auto Parts:O.E.M.
    Consumer Discretionary