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Modine Taking Steps to Strengthen Its Global Refrigerant Components Business; Building Plant in Austria, Investing in North American, Asian Resources.

Publication: Business Wire
Publication Date: 17-OCT-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
RACINE, Wis. -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, has reaffirmed its commitment to grow the company's global refrigerant components business through a series of strategic actions designed to leverage Modine's leadership in condenser technology, establish an international focus on that product line and explore other refrigerant-based heat exchangers. The steps include major investments in European and North American operations and the creation of a new organizational structure to support global growth.

In early September, Modine broke ground on a new...

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