Nov. 24 at 3:19 PM
$MOD From today's Trader Times: "MODINE - AI Boom Fuels the Demand for Cooling Systems for Data Centers!
MOD is one of the leading providers of heating, ventilation, and air conditioning systems, primarily offering solutions for residential buildings as well as industrial and commercial complexes. Promising growth opportunities are also expec
ted from the segment providing systems to optimize energy consumption in data centers. Here, the company offers, among other things, Cooling AI, an intelligent cooling control system for data and cloud center applications, which can reduce energy consumption by up to 40%. In light of the
increasing demand in this segment, the company plans to expand its production capacities with a new location and is planning additional investments of
$100 million in the coming years. (cont...)
