Nov. 15, 2026 10a
(WGTD)---Racine-based Modine is back in the news.
Bloomberg News reported last week that Samsung Electronics could acquire the data center-supply portion of Modine's business, recently renamed Modexus Solutions.
Last month WGTD reported that Michigan-based Gentherm picked up the more traditional segments of Modine's operation.
While transferring administrative functions to Michigan, Gentherm said it'll maintain a significant presence in Modine Performance Technologies' current locations, including Racine.
At the time, a spokesperson for Modexus said that company will continue to be headquartered on the Modine campus in Racine, but will eventually be relocated to an unnamed site somewhere in southeast Wisconsin. That site was not expected to be Franklin, where Modexus will operate a manufacturing facility with 300 employees.
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