Modine Foundation Announces Grant Recipients

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RACINE, Wis., April 12, 2016 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD) recently announced the recipients of its charitable foundation's Spring 2016 grants.  The Modine Manufacturing Company Foundation (the Foundation) offers financial support to qualifying nonprofit organizations in the United States.

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The Foundation was pleased to grant financial assistance to the following organizations: Shalom Center, Kenosha, WI; River Bend Nature Center, Inc., Racine, WI; St. Thomas More High School, Milwaukee, WI; Florentine Opera Company, Milwaukee, WI; and the Racine Family YMCA, Racine, WI. 

"As the mission of the Foundation states, we strive to aid in the development of strong, vibrant communities," said Tom Burke, Modine's Chief Executive Officer.  "Through financial contributions and employee volunteerism, we make a conscientious effort to positively impact  the communities in which our employees live and work."

In addition to the grant contributions, the Foundation made financial donations in honor of 52 Modine employees, each of whom volunteered over 25 hours with a charitable organization of their choice in 2015.  Together, these employees volunteered over 2,500 hours throughout the United States.

"Modine's Volunteer Program is designed to recognize the efforts of Modine employees who strive to make our communities a better place to live and work by volunteering," said Burke.

Formed in 1995, the Modine Manufacturing Company Foundation has a history of giving back to local communities through the financial support of our foundation and volunteer commitment of our employees.  Through direct grants, the Foundation creatively and thoughtfully acts as a champion for the communities in which Modine operates.  In honor of Modine's 100th anniversary, the Foundation has chosen to focus its grant activity on the broad theme of Education for the remainder of 2016.

About Modine
Modine, with fiscal 2015 revenues of $1.5 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, heating, ventilation and air conditioning equipment, off-highway and industrial equipment and refrigeration systems. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe, Asia and Africa. For more information about Modine and the Foundation, visit www.modine.com.

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SOURCE Modine Manufacturing Company

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