S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Modine Shares Climb as Texas Chiller Production Begins

Modine shares rose 5.9% to $109.16 in premarket trading Wednesday after the company said it had begun producing Airedale chillers for data center customers. The move followed a year-to-date decline of 16% through Tuesday’s close.

Modine Shares Climb as Texas Chiller Production Begins

Production is taking place at a new dedicated facility in Grand Prairie, Texas. Modine expects the plant to become its largest Airedale chiller manufacturing site.

The company is targeting four operational 2-megawatt production lines by the end of its current fiscal year. It said the facility is intended to serve growing infrastructure needs among hyperscale cloud providers, co-location operators and high-density artificial-intelligence computing environments.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!