Modine Announces $100 Million Investment to Expand North American Data Center Capacity

MOD
September 20, 2025
Modine Manufacturing Company announced on July 29, 2025, a $100 million investment over the next 12-18 months to expand its U.S. manufacturing capacity for Airedale by Modine™ data center cooling products. This strategic investment reinforces Modine's commitment to the U.S. data center market. The expansion plan includes a new facility in the Dallas, Texas, area, an expansion in Grenada, Mississippi, and consideration of repurposing existing Performance Technologies sites in Franklin, Wisconsin, and Jefferson City, Missouri. This initiative aims to meet unprecedented demand from U.S. hyperscale and colocation data center customers. Modine projects that its total data centers revenue can approach $2 billion in fiscal 2028 as a result of this investment and increasing demand driven by AI and high-density computing. The investment will also enhance engineering, product development, and testing capabilities, create new jobs, and support the redeployment and retraining of existing Modine employees. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.