Modine Invests Over $38 Million to Expand U.S. Chiller Production for Data Centers

MOD
September 20, 2025
Modine Manufacturing Company announced on May 19, 2025, an investment of over $38 million through the end of 2028 to expand its manufacturing capacity for data center chillers. This investment will upgrade one of Modine's facilities in Grenada, Mississippi, and is expected to create more than 450 jobs. The expansion supports building upgrades, product line expansion of Airedale by Modine™ chillers, and enhancements to state-of-the-art testing facilities. Chiller production is anticipated to commence at the facility later in the summer. This strategic move is aimed at meeting the high demand from hyperscale and co-location data center customers, reinforcing Modine's strategy to evolve its portfolio for long-term growth in mission-critical thermal management applications. The Grenada lab, alongside the Rockbridge, Virginia, facility, will boost Modine's dedicated data center product development testing capabilities in the U.S. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.