Modine has announced a $100 million investment to expand US manufacturing capacity for Airedale by Modine data centre cooling products.
This strategic investment over the next 12 to 18 months reinforces Modine's commitment and ability to serve the US data centre market.
Modine president & CEO, Neil D. Brinker, said the investment advances the company’s strategy to capitalise on opportunities in high growth markets.
“The US market is driving a significant portion of global data centre activity. With the increasing demand for our solutions and this investment in additional manufacturing and testing capacity, we believe that our total data centre revenue can approach $2 billion in our Fiscal 2028,” Brinker said.
“We're in an era of enormous growth in digital infrastructure in the US and Modine is committed to growing with demand to deliver value for our customers and shareholders."
The $100 million investment will expand manufacturing at four sites to support data centre growth, including a new facility in the Dallas, TX, area, expansion in Grenada, MS, and considering repurposing existing Performance Technologies' sites in Franklin, WI, and Jefferson City, MO.
The investment also will enhance engineering, product development, and testing capabilities, create new jobs, and support the redeployment and retraining of existing Modine employees.
Modine Climate Solutions president, Eric McGinnis, said customers need more than just products—they need a partner who can deliver the latest technologies, along with integrated, modular, and scalable solutions and service.
"This multimillion-dollar investment advances our local-for-local strategy to expand capacity in the regions where we are seeing the greatest demand," he said.