Racine transit system zero-emission buses equipped with Modine EVantage™ Thermal Management Systems to increase longevity and range.
RACINE, Wis., May 29, 2024 /PRNewswire/ -- In support of sustainable mobility solutions across the City of Racine, Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced a collaboration with RYDE Racine, the city's comprehensive public transportation system. As part of an initiative to modernize and reduce public transit fleet emissions, the City of Racine operates nine all-electric buses with the Modine EVantage Thermal Management System, with up to four additional EVs on order. The Modine EVantage thermal management system will optimize inverter temperatures and improve the range, longevity, and reliability of the city's electric bus fleet along the nearly 700 stops it serves.
Continued growth in targeted markets and outstanding gross margin improvement provided a strong finish to fiscal 2024
Fiscal 2025 outlook indicates revenue growth driven by Climate Solutions and strong earnings and margin expansion across both segments
RACINE, Wisc., May 21, 2024 /PRNewswire/ -- Modine (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, 2024.
RACINE, Wis., May 8, 2024 /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 fourth quarter and fiscal year 2024 financial results for the period ended March 31, 2024, on Wednesday, May 22, 2024, 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, May 21, 2024.
The new site in Bradford, West Yorkshire, will produce precision cooling equipment under the Airedale by Modine™ brand and comes on the heels of expansion in Calgary, Canada, and Allen, Texas.
RACINE, Wis., May 7, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified leader in thermal management technologies and solutions, announced the purchase of a 14.6 acre manufacturing site in Bradford, UK, to support increased production of Airedale by Modine™ precision cooling equipment used in the data center industry. The purchase follows recent expansion in Calgary, Canada, to manufacture cooling equipment for hyperscale customers in North America, and a new facility in Allen, Texas, to develop liquid immersion cooling technologies.
Additional facility in Serbia will manufacture coils for commercial and residential heat pump applications.
RACINE, Wis., April 23, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified leader in thermal management technologies and solutions, officially marked the opening of a second facility in Sremska, Serbia, to manufacture coils for commercial and residential heat pump applications. Serbian Prime Minister-designate Milos Vučević and U.S. Ambassador to Serbia Christopher Hill were among the dignitaries who attended the grand opening ceremony.
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