Modine has begun commercial production of Airedale® chillers at its new 682,000-square-foot facility in Grand Prairie, Texas, focusing on advanced 2MW and 3MW chillers with free cooling for data centers. This expansion supports the growing infrastructure needs of hyperscale cloud providers and AI computing environments. The facility aims to operate four production lines by fiscal year-end and scale to three shifts, becoming Modine's largest Airedale chiller manufacturing site globally. This move enhances Modine's ability to deliver efficient thermal management solutions tailored to high-density data centers.
Modine's new Texas facility marks a significant step in scaling production for data center cooling solutions, a move that resonates with investor interest. On Pluang, Modine Manufacturing Company (MOD) shares are trading at USD 109.78, up 6.51% as of Nov 11, 2026 19:11 WIB, reflecting strong buying activity with 100% of orders as buys. The stock's market cap stands at $5.48 billion, indicating solid market confidence in the company's growth potential.
