Just days after Racine-based Modine announced a planned incremental $100 million investment to support its data center business, the company’s CEO said it aims to reach $2 billion in data center revenue by fiscal 2028.
Already, Modine is trending towards $1 billion in data center revenue this year, said Neil Brinker, president and CEO of the company.
Over the next year, Modine will invest more than $140 million of capital on the data center side of its business.