Modine Manufacturing to Divest Korean-Based Vehicular HVAC Business

Modine Manufacturing Company announced strategic plans to scale back its focus on the global vehicular HVAC market through the intended divestiture of its Korean-based vehicular HVAC business.

“On October 21, 2008, Modine Manufacturing Company (the “Company” or “Modine”) issued a press release announcing strategic plans to scale back its focus on the global vehicular HVAC market through the intended divestiture of its Korean-based vehicular HVAC business.”

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