Single Page | 
Multiple Pages
Home > BizTimes Daily > Archives > October 17, 2008
Modine to expand condenser business
Published October 17, 2008 - BizTimes Daily
Modine Manufacturing Co. today reaffirmed a commitment to grow its global refrigerant components business through a series of strategic actions designed to leverage the company's leadership in condenser technology.
The steps will include major investments in European and North American operations and the creation of a new organizational structure to support global growth.
In early September, Modine broke ground on a new scale plant in Kottingbrunn, Austria, to meet increasing demand for condensers from European automotive customers. Production is scheduled to start in the new facility in July 2009, with work being moved, in phases, from Modine's existing facility in Berndorf, Austria, by November 2009. In addition, the company has committed additional financial resources to expand its North American condenser manufacturing capabilities.
The expansion will not have an impact on the company's headquarters in Racine, Modine spokesman Susan Fisher told SBT this morning.
"Modine has enjoyed a strong reputation in condenser technology dating back to the issuance of our first parallel flow (PF(TM) condenser patent in 1986," said Paul Byrne, Modine's managing director of Global Powertrain Cooling Products. "Recent developments in condenser technology, including our Origami next generation heat exchanger tube, have strengthened our competitive position and heightened the need to enhance our global capabilities and continue to expand our refrigerant-based product line."
