Modine Manufacturing Co - Company Profile
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Business Description
Modine Manufacturing Co (Modine) provides thermal management technology and solutions. It offers heat transfer systems and heat transfer components for use in on- and off-highway OEM vehicular applications.
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R&D Overview
Modine’s R&D arm focuses on the development of new products and solutions in the areas of powertrain cooling, engine cooling, heat transfer needs of OEMs building HVAC&R, and commercial and industrial thermal management products. The company in collaboration with several industries, universities, and government-sponsored research organizations conducts research projects, and provide data on practical applications. Modine’s R&D arm also focuses on special projects including advancements across chillers, adiabatic gas coolers, refrigerant heat exchangers, corrosion resistant coatings, adiabatic gas coolers, remote condensers, unit coolers, fluid coolers, CRAH units and fan walls. The company also strives to achieve cost efficiency across the businesses. In FY2023, the company incurred expenses of US$44 million on R&D, which as a percentage of revenue, stood at 2%.
Business Segments
Overview
Offers HVAC and refrigeration, heat transfer products and data center cooling in North America, Europe, Middle East, Africa, and Asia. It sell its products through consulting engineers, wholesalers, distributors, contractors and data center operators. HVAC and refrigeration products includes vertical and horizontal unit ventilators, air-cooled condensers, air conditioning chillers, commercial and residential unit heaters and dry coolers. Heat transfer products includes heat transfer coils used in residential and commercial HVAC and refrigeration applications. Data center cooling includes system controls with CRAC and CRAH units, air- and liquid-cooled chillers, and fan walls.
Performance
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Overview
Comprises of liquid cooled applications, air cooled applications and advanced solutions. Liquid-cooled products includes EGR coolers, liquid charge air coolers, engine oil coolers transmission and retarder oil coolers, fuel coolers, and condensers. Air-cooled products include engine cooling modules, powertrain cooling products, fan shrouds, and surge tanks. Advanced solutions include electronics cooling packages, battery thermal management systems, and battery chillers.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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