Modine Manufacturing $MOD Stock Piercing Line Candlestick Pattern and Channnel Breakout

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Modine $MOD stock is testing a downtrend channel breakout on December 21, 2022. The stock formed a Piercing Line candlestick pattern (in yellow box on the chart below) on December 12, 2022, and has ripped higher since. $MOD stock is in a technical uptrend.

Modine Manufacturing stock chart on December 21 2022 with Piercing Line candlestick pattern on a downtrend channel breakout
Modine Manufacturing stock chart on December 21 2022 with Piercing Line candlestick pattern on a downtrend channel breakout

Modine Battery Thermal Management System Selected for New Flyer’s Xcelsior CHARGE NG™ All-Electric Bus

On December 13, 2022, Modine Manufacturing Company announced that leading global bus manufacturer, New Flyer of America has selected the Company’s EVantage Battery Thermal Management System (BTMS) in New Flyer’s zero-emission Xcelsior CHARGE NG™ heavy-duty transit bus model. New Flyer is a subsidiary of NFI Group, a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions.

Introduced early in 2021, the Xcelsior CHARGE NG bus incorporates three distinct technological advancements, including high-energy batteries that extend range up to 13%, advanced protective battery packaging for easy installation and simpler serviceability, and a new lightweight electric traction drive system with up to 90% energy recovery. Modine worked closely with the New Flyer design team to ensure that the EVantage BTMS integrates seamlessly with their high-energy Lithium Nickel Manganese Cobalt (NMC) batteries to provide safe, robust, and reliable use in transportation. Delivering the best balance of energy storage, power, and safety, the combination of New Flyer’s NMC technology and the EVantage BTMS helps to deliver dependable mobility to avoid roadside breakdowns in harsh environments and extended range and optimize battery life.

Modine Manufacturing teams with Air Solutions Partners

On December 12, 2022, Modine Coatings, a division of Modine Manufacturing Company and a leader in corrosion-resistant coatings technology for the HVAC industry, is partnering with Air Solutions Partners to expand access to the GulfCoat Contractor Series product line and the Insitu Spray Applied Coating Services. Modine Coatings is partnering with Air Solutions Partners to expand access to the GulfCoat Contractor Series product line and the Insitu Spray Applied Coating Services. As part of the partnership, Air Solutions Partners, a RectorSeal manufacturing representative, will market Insitu Spray Applied Coating Services and the complete line of GulfCoat Contractor Series products in Texas and Oklahoma. The partnership will bring a dedicated focus to Modine Coating products and services for HVAC/R contractors to help maximize solutions in their respective markets.

Modine Coatings partners with Wright Sales

On December 6, 2022, Modine Coatings, a division of Modine Manufacturing, partnered with Wright Sales to expand access to the GulfCoat Contractor Series product line and the Insitu Spray Applied Coating Services. As part of the partnership, Wright Sales, a RectorSeal manufacturing representative, will market Insitu Spray Applied Coating Services and the complete line of GulfCoat Contractor Series products in California, Arizona, Nevada, New Mexico, Texas and Hawaii. The partnership will bring a dedicated focus to Modine Coating products and services for HVAC/R contractors to help maximize solutions in their respective markets.

On the Job: Modine Manufacturing Company hiring variety of positions

How Modine (MOD) Is Helping The Transition To Electric Vehicles

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