Modine Foundation Announces Grant Recipients
In addition to the grant contributions, the foundation made financial donations in honor of 52 Modine employees, each of whom volunteered more than 25 hours with a charitable organization of their choice in 2015. Together, these employees volunteered more than 2,500 hours throughout the United States.
Modine Manufacturing Co. Pursuing Joint Venture In China
The joint venture, which Modine expects to facilitate through one of its China subsidiaries, will expedite Modine’s introduction of stainless steel heat exchangers for the light-, medium- and heavy-duty commercial vehicle markets in China.
Modine Announces Conditional Plans To Close Iowa Manufacturing Facility
The closure would impact approximately 245 full-time employees, and reflects Modine’s proactive focus on operating scale production facilities across the globe in order to remain cost-competitive.
David Bills To Join Modine Manufacturing Co. Board Of Directors
RACINE, Wis. – Modine Manufacturing Co.‘s board of directors has increased the size of the board from eight to nine members and elected a new director, with both actions taking effect on Feb. 10, 2015. Joining the Modine Board will be David Bills, senior vice president – corporate strategy of DuPont since 2009. Prior to
Modine Appoints Mark Hudson as Vice President, Corporate Controller and Tax
Hudson will be responsible for the preparation of and internal control over Modine’s financial statements and for consolidated financial reporting, including the preparation of all SEC periodic reports.
Modine Announces New Leadership Appointments
Several new appointments took effect July 1.
Modine Reports Third Quarter Results
Company reports third quarter 2012 operating income of $16.2 million and diluted earnings per share of 18 cents.
Modine Appoints Tom Marry Chief Operating Officer
Marry, 50, has been with Modine for 14 years and has held a variety of management positions with the company.
Modine Appoints Kathleen Powers Vice President, Treasurer and Investor Relations
Powers will be responsible for Modine’s global treasury and investor relations functions, including capital structure, liquidity, cash management, risk management and investor communications.
Modine Reports Third Quarter Fiscal 2011 Operating Income of $9.9 Million
Sales were $360 million, up 19 percent from the same period last year, and gross profit increased 20 percent to $57.1 million.