Modine Secures $180 Million in Orders for Data Center Cooling Systems

Core Insights - Modine announced $180 million in orders for Airedale by Modine™ data center cooling systems from a leading AI infrastructure developer, highlighting the demand for scalable and sustainable solutions in AI applications [1][2] - The cooling systems are designed to enhance Power Usage Effectiveness (PUE) and lower total ownership costs through advanced technologies [1][2] - Modine expects to deliver these products throughout 2025 and the first half of 2026, manufactured at its facilities in Virginia and Mississippi [1] Company Overview - Modine is a global leader in thermal management technology, with over 100 years of experience and a commitment to improving air quality and conserving natural resources [4] - The company operates in multiple regions, including North America, South America, Europe, and Asia, employing over 11,000 people [4] - Modine's Climate Solutions and Performance Technologies segments focus on reducing energy consumption and harmful emissions [4] Strategic Outlook - The initial orders from a significant new customer indicate the strategic advantage of Modine's data center cooling products, suggesting a long-term partnership to support the customer's growth in high-performance computing [2] - Modine anticipates organic growth exceeding 30% in the next fiscal year, driven by current order intake and a robust development pipeline [2] - The company emphasizes its engineering expertise in delivering customized solutions that meet the complex challenges of modern data centers [2]