About ModineModine, with fiscal 2013 revenues of $1.4 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles; heating, ventilation and air conditioning equipment; off-highway and industrial equipment; and refrigeration systems. The company employs approximately 6,600 people at 30 facilities in 16 countries. For more information about Modine, visit www.modine.com.
Modine Manufacturing Company (NYSE: MOD) will be featured on FOX Business News in an upcoming episode of The Green Room titled "Breakthroughs in Thermal Management: Cleaning up our Environment." The segment, hosted by Emmy-award winner and former NBC News correspondent John Holden, will air on November 9, 2013, at 5:30 PM (ET). This segment of The Green Room was filmed at Modine’s world headquarters in Racine, WI and will highlight Modine’s Advanced Cooling System technology, which is helping over one hundred transit agencies in the United States and Canada save taxpayer dollars by reducing parasitic engine loss, which saves fuel and lowers greenhouse gas emissions. The system also offers reduced maintenance costs and increased service life and reliability over traditional, hydraulically-driven fan systems commonly used in the rear engine bus market. The state-of-the-art, lightweight heat exchanger technology is designed to meet the demanding engine cooling requirements needed to meet stringent Environmental Protection Agency (EPA) 2010 and 2013 emission regulations for clean air. The segment will also showcase Modine’s Layered Core Battery Chiller for the Tesla Model S electric automobile. Precise control and uniformity of battery temperature is essential to achieving optimal life and performance of the batteries in electric vehicles. The batteries are cooled with a water-based coolant circuit. In some cases while operating or recharging the batteries, the batteries must be cooled to a temperature lower than ambient conditions. To do this, a separate refrigerant circuit is used in a way that is similar to an air conditioning system. The Chiller is the heat exchanger that removes heat from the battery coolant and transfers that heat to the colder refrigerant. This Chiller actively regulates the flow of refrigerant in such a way as to keep the temperature of the batteries more constant even as ambient conditions change. "Modine has provided world-leading thermal management solutions for nearly 100 years," said Tom Marry, Modine’s Executive Vice President and Chief Operating Officer. “We are very pleased that our products and technology advancements will be featured on The Green Room. We are proud of the efforts we are making at Modine to address broad environmental concerns and increasingly more stringent regulatory requirements.”