Modine Manufacturing Company Announces $38 Million Expansion to Boost U.S. Chiller Production and Create 450 Jobs in Mississippi

Reuters
05-19
Modine Manufacturing Company Announces $38 Million Expansion to Boost U.S. Chiller Production and Create 450 Jobs in Mississippi

Modine Manufacturing Company is set to expand its U.S. chiller production capacity with an investment of over $38 million by 2028 at its Grenada, MS, facility, creating more than 450 jobs. This expansion is aimed at enhancing manufacturing capabilities for data center chillers, aligning with Modine's strategy for long-term growth in the thermal management sector. The initiative involves upgrading the facility to cater to the demand from hyperscale and co-location data center customers, enabling Modine to seize opportunities in strategic growth markets. The investment will support building upgrades, the expansion of the Airedale by Modine™ chiller product line, and advancements in testing facilities. Production at the upgraded facility is expected to commence later this summer, adding to Modine's global footprint of data center cooling solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modine Manufacturing Company published the original content used to generate this news brief via PR Newswire (Ref. ID: CG87924) on May 19, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10