Modine
| Modine Manufacturing Company
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|---|---|
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| legal form | Corporation |
| ISIN | US6078281002 |
| founding | 1916 |
| Seat | Racine , United States |
| Number of employees | 9900 (May 17, 2018) |
| sales | $ 2 billion (May 17, 18) |
| Website | www.modine.com |
The Modine Manufacturing Company is a supplier for cooling and air conditioning technology. Founded in 1916 by Arthur B. Modine and headquartered in Racine , Wisconsin , the company today employs around 9,900 people worldwide in over 30 production sites with sales of more than 2 billion US dollars.
Modine was founded in 1916 when Arthur B. Modine patented the Spirex cooler for tractors. In 1941 a wind tunnel for vehicles was built in Racine, which is still in use today.
Modine Europe was founded in 1990 and experienced significant growth in 1993 with the takeover of the German manufacturer of heat exchangers Längerer & Reich , which was founded in 1913. Today, more than 45% of total sales are generated outside the USA, with sales of over 500 million euros per year in Europe alone.
About 360 people are employed at the Modine Europe headquarters in Filderstadt , mainly engineers. This is led by the managing directors Klaus Feldmann, Johannes Kuron, Frank Michel and Werner Zobel. In Europe, around 2,250 employees work for Modine in eleven production sites. Products for engine cooling and vehicle cooling are developed and produced. Most recently, an investment of US $ 70 million was made to build two new technology centers in Racine and Bonlanden. With its most recent acquisition in Asia, Modine now has five wind tunnels on three continents.
Modine Manufacturing Company holds over 2,000 patents .