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Company Profile For Modine Manufacturing Company

 
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Overview

Modine Manufacturing Company (Modine) specializes in thermal management technology, serving the vehicular, industrial, commercial, building heating, ventilating and air conditioning (HVAC), and fuel cell markets. Modine develops, manufactures, and markets thermal management products, components and systems for use in various original equipment manufacturer (OEM) applications and to a range of building and other commercial markets. The primary customers of the Company include truck, automobile, bus and specialty vehicle OEMs; agricultural and construction OEMs; heating and cooling OEMs; construction contractors; wholesalers of plumbing and heating equipment, and fuel cell manufacturers. On May 1, 2008, the Company completed the selling of its electronics cooling business. The Company operates in six business segments: Original Equipment-Asia, Europe and North America segments, Commercial Products, South America, and Fuel Cell.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Modine Manufacturing Co.'s revenues decreased 35% to $535.9M. Net loss from continuing operations increased 66% to $10.5M. Revenues reflects a decrease in sales from original equipment-Asia segment, lower sales from Original Equipment-Europe segment and a fall in income from South America sales. Higher loss reflects higher interest expenses and an increase in impairment of long-lived assets.

Company Address

Modine Manufacturing Company
1500 DeKoven Avenue
Racine   WI   53403
P: +1262.6361200
F: +1262.6361424

Total Employees

6953

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