Modine Manufacturing Soars 9% on Data Center Demand

Modine Manufacturing's stock price surged by 10.46% in pre-market trading on July 31, 2025, driven by strong market sentiment and positive company developments.

Modine Manufacturing's shares experienced a significant boost, rising by 9% following the release of its latest earnings report. The company's data center business has shown remarkable growth, contributing to an impressive earnings beat. This surge in data center demand has positioned Modine as a key player in the rapidly expanding data infrastructure market.

In a strategic move to capitalize on the growing demand for data centers, Modine Manufacturing announced a new $100 million investment to expand its capacity for North American data centers. This investment is aimed at enhancing the company's production capabilities and meeting the increasing needs of the data center industry. The expansion is expected to drive further growth and solidify Modine's market position.