Modine Manufacturing Co - Company Profile
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Modine Manufacturing Co (Modine) is an industrial goods and machinery company, which focuses on thermal management. The company designs, engineers, tests, and manufactures a wide range of heat transfer products. Its product portfolio includes coils, chillers, coolers, hybrid fan coils, duct furnace coatings, power train cooling and engine cooling, ventilation, and air conditioning, among others to original equipment manufacturers (OEMs) of automobiles and construction equipment; commercial and industrial equipment OEMs; heating and cooling OEMs; construction architects and contractors; and heating equipment wholesalers through the brand's Airedale, EVantage, ECO, Coiltech, and Heatcraft, among others. Its products find applications in HVAC, commercial electric vehicles, data centers, off-highway equipment, power/industrial equipment, and refrigeration. The company offers the products to customers in North America, South America, Europe, Asia, and Africa. Modine is headquartered in Racine, Wisconsin, the US.
Headquarters
United States of America
Address
1500 DeKoven Avenue, Racine, Wisconsin, 53403
Website
https://www.modine.com/
Telephone
1 262 6361200
No of Employees
11,300
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
MOD (NYSE)
Revenue (2024)
$3.2B
23.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-34%
(2024 vs 2023)
Market Cap*
$12.9B
Net Profit Margin (2025)
XYZ
-46.4%
(2024 vs 2023)
* As of and is in US$
Modine Manufacturing Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Unit Heaters | Maintenance Service |
| Coolers | Coatings |
| Duct Furnaces | Testing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In September, the company announced the launch of Computer Room Air Conditioners (CRAC) and Air Handlers (CRAH). |
| 2025 | Corporate Changes/Expansions | In August, the company opened a facility in India to manufacture data center cooling equipment for APAC region. |
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company acquired Climate by Design International (CDI), a manufacturer of desiccant-based dehumidification equipment. |
Competitor Comparison
| Key Parameters | Modine Manufacturing Co | Denso Corp | Daikin Industries Ltd | Johnson Controls International Plc | Valeo SA |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | Japan | Ireland | France |
| City | Racine | Kariya | Osaka | Cork | Paris |
| State/Province | Wisconsin | Aichi | Osaka | - | Ile-de-France |
| No. of Employees | 11,300 | 158,056 | 103,544 | 87,000 | 100,216 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Neil D. Brinker | Chief Executive Officer; Director; President | Executive Board | 2020 | 49 |
| Michael B. Lucareli | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 56 |
| Dan Hedstrom | Chief Information Officer; Vice President | Senior Management | 2024 | - |
| Erin J. Roth | Chief Compliance Officer; General Counsel; Secretary; Vice President | Senior Management | 2023 | 49 |
| Brian J. Agen | Chief Human Resources Officer; Vice President | Senior Management | 2012 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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