Modine Manufacturing designs and builds equipment that moves heat. Its products range from the chillers and air handlers that cool AI server halls to classroom ventilation units, refrigeration coils and radiators for trucks and construction machines. Headquartered in Racine, Wisconsin, with about 13,200 employees as of March 31, 2026 and operations in North America, South America, Europe and Asia, Modine generated $3.18 billion in fiscal 2026 net sales.
Modine sells engineered thermal-management equipment to businesses, not consumers. In fiscal 2026 (ended March 31, 2026) it reported through two segments. Climate Solutions, which grew about 43% in the year, covers data center cooling (chillers, computer-room air handlers, fan walls and coolant distribution units sold under brands such as Airedale), commercial HVAC and ventilation (including Scott Springfield air handlers), refrigeration and heat-transfer coils. Performance Technologies supplies radiators, charge-air coolers, battery thermal systems and other components to commercial-vehicle, off-highway and industrial OEMs. Revenue comes from equipment and component sales, often under multi-year programs with OEMs and hyperscale data center customers, plus aftermarket parts. After the planned October 1, 2026 spinoff of Performance Technologies into Gentherm, the remaining company is a Climate Solutions business focused on data centers, HVAC and refrigeration.