Core Viewpoint - Modine is investing over $38 million to expand its manufacturing capacity for data center chillers at its Grenada, MS facility, which is expected to create more than 450 jobs by the end of 2028 [1][2]. Investment and Job Creation - The investment will enhance one of Modine's facilities in Grenada, MS, focusing on building upgrades and product line expansion for Airedale by Modine™ chillers [1][2]. - More than 450 jobs are anticipated to be created as a result of this investment [1]. Strategic Growth and Market Positioning - The expansion aligns with Modine's strategy to evolve its portfolio for long-term growth, particularly in response to demand from hyperscale and co-location data center customers [2]. - Modine's facility in Grenada will increase its dedicated data center product development testing capabilities in the U.S., complementing its existing facility in Rockbridge, VA [2]. Global Manufacturing Footprint - The Grenada investment contributes to Modine's global manufacturing footprint for Airedale by Modine™ data center cooling solutions, which also includes facilities in Canada, Spain, the UK, and a new facility in India [3]. - Modine aims to provide a comprehensive range of mission-critical cooling solutions, including high-efficiency chillers and intelligent controls [3]. Company Overview - Modine has over 100 years of experience in thermal management solutions, focusing on engineering a cleaner and healthier world through innovative technologies [4]. - The company operates globally with more than 11,000 employees, advancing its purpose through systems that improve air quality and reduce energy consumption [4].
Modine Expands U.S. Chiller Production Capacity to Serve Data Center Customers