This niche AI play is seeing business growth rates that are triple the pace of the data centers [Video]

Triple data center growth

A liquid cooling pioneer

A strong backlog of business

A newcomer to the space

Modine is a third standout that historically had a rapidly growing air-cooling business. The company recently made its way into liquid cooling. In the beginning of 2024, Modine purchased intellectual property assets of TMG Core, a specialist in liquid cooling technology to accelerate data center growth. Modine’s second purchase this year was the addition of Scotts Springfield Manufacturing, a manufacturer of air handling units, adding more products to its data center solutions portfolio.