RACINE, Wis., Feb. 27, 2025 -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced $180 million in orders for Airedale by Modine™ data center cooling systems from a new customer that is a leading AI infrastructure developer. The high capacity equipment are purpose-built to meet the customer's objectives to provide scalable, cost-effective and sustainable solutions for AI applications by building large-scale, building-optimized data centers. Airedale by Modine data center solutions are designed to lower the total cost of ownership by delivering superior Power Usage Effectiveness (PUE) through free-cooling technology and advanced control systems. The products will be manufactured at Modine's state-of-the-art facilities in Rockbridge, Virginia, and Grenada, Mississippi, with delivery expected throughout 2025 and the first half of 2026.
"These initial orders from an important new customer demonstrate the value provided by Airedale by Modine data center cooling products, underscoring our strategic advantage in this market," said Eric McGinnis, President, Climate Solutions. "We expect this to be a long-term partnership as we support their significant growth objectives to develop some of the largest, high-performance computing clusters in the world."
"Building relationships and delivering on promises are key to meeting and exceeding our aggressive growth targets for this business," added Neil D. Brinker, President and Chief Executive Officer. "Our current order intake, significant development funnel and this new business win provide us with confidence in our ability to drive organic growth, and support our expectation of delivering organic growth in excess of 30% in our next fiscal year."
"We are excited to leverage our engineering expertise to provide a fit-for-purpose solution that helps this important customer achieve their objectives," said Art Laszlo, Group Vice President, Data Centers at Modine. "Airedale by Modine partners with our customers' to solve their most complex challenges through customized solutions that are meticulously engineered by our global Data Centers team to deliver superior operating performance, efficiency, and reliability."
These substantial orders underscore Modine's precision-engineering capabilities and commitment to providing innovative and efficient thermal management solutions that meet the rigorous demands of modern data centers.
For more information about Airedale by Modine solutions, please visit www.airedale.com.
About Modine
At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.
This News is brought to you by Qube Mark, your trusted source for the latest updates and insights in marketing technology. Stay tuned for more groundbreaking innovations in the world of technology.
