Acquisition provides direct-fired industrial heating, ventilation, and make-up air systems that complement Modine's existing Heating and Indoor Air Quality businesses RACINE, Wis., March 11, 2025 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in innovative thermal management technology and solutions, announced today that it had entered into a definitive agreement to acquire AbsolutAire, a manufacturer of direct-fired heating, ventilation, and make-up air systems. Modine expects the transaction to close April 1, 2025, subject to customary closing conditions. "A

New authorization demonstrates confidence in the future of Modine RACINE, Wis., March 7, 2025 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today announced that its Board of Directors has authorized a share repurchase program allowing the company to repurchase up to $100 million of the company's outstanding common stock from time to time on the open market, in privately negotiated transactions or otherwise. The repurchase program underscores the company's confidence in its long-term strategy and commitment to del

CDUs are essential for colocation, hyperscale and edge-based data center providers seeking to manage higher-density IT heat loads RACINE, Wis., March 5, 2025 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technologies and solutions, today announced expanded capacities for its range of coolant distribution units (CDUs) sold under its Airedale by Modine™ brand. The expanded CDU range comes in response to increasing demand for high-performance, high-efficiency hybrid (air & liquid) cooling solutions from the global data center industry. "We a

B. Riley Securities reiterated coverage of Modine Manufacturing with a rating of Buy and set a new price target of $140.00 from $125.00 previously

William Blair initiated coverage of Modine Manufacturing with a rating of Outperform

Oppenheimer initiated coverage of Modine Manufacturing with a rating of Outperform and set a new price target of $105.00

4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

4 - MODINE MANUFACTURING CO (0000067347) (Issuer)

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

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

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

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

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

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

Revenue and gross margin growth driven by strong data center sales, including benefit from Scott Springfield acquisition RACINE, Wis., Feb. 4, 2025 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2024. Third Quarter Highlights: Net sales of $616.8 million increased 10 percent from the prior yearNet earnings of $41.2 million decreased $3.9 million, or 9 percent, from the prior yearAdjusted EBITDA of $87.3 million increased $13.4 million, or 18 perc

RACINE, Wis., Jan. 22, 2025 /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, 2024, on Wednesday, February 5, 2025, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Results are scheduled to be released after the market closes on Tuesday, February 4, 2025. During the call, Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Chi

Strong quarterly results driven by strategic acquisitions and organic data center growth RACINE, Wis., Oct. 29, 2024 /PRNewswire/ -- Modine (NYSE:MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended September 30, 2024. Second Quarter Highlights: Net sales of $658.0 million increased 6 percent from the prior yearOperating income of $75.3 million increased 15 percent from the prior yearAdjusted EBITDA of $99.8 million increased $18.6 million, or 23 percent, from the prior yearEarnings per share

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

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

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