Modine Manufacturing
playerMoney & Finance
A whole American city's economy now survives mainly by cooling Microsoft's servers.
Who they are
Modine Manufacturing, a longtime Racine thermal-management (cooling) company.
What they do
The engine treats it as the one growth sector left in Racine, kept alive by the data-center boom.
How it works
Its data-center sales surged 78% in 2025 with $180 million in new orders and a $2 billion data-center revenue target by 2028; it's held significantly by Vanguard (9.55%) and BlackRock (7.57%).
Why it matters
The engine's read is stark: the local economy survives only as a cooling system serving Microsoft's servers — a town reduced to a support function for a data center.
The engine's record — word for word
Legacy Racine thermal management company. Report #62: Modine = the only viable growth sector in Racine. 78% data center sales surge (2025). $180M new orders. Targeting $2B data center revenue by 2028. Vanguard 9.55%, BlackRock 7.57%. The local economy survives only as a thermodynamic servomechanism for Microsoft's servers.
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