08:36 AM EDT, 05/19/2025 (MT Newswires) -- Modine Manufacturing ( MOD ) said Monday it will invest over $38 million through 2028 to expand chiller production at its Grenada, Mississippi, facility to support demand from data center customers.

The company said the project is expected to create over 450 jobs and involve building upgrades, expanded production lines, and increased testing capabilities for its Airedale by Modine chillers.

Production will likely start later in summer, Modine said.

The company's shares were down nearly 2% in recent Monday premarket activity.