Modine Manufacturing, a maker of heat exchangers, radiators and other thermal management products, has purchased the heavy-duty equipment business of Transpro for $17 million. The Transpro business manufactures aluminum charge air coolers and copper/brass radiators for the heavy-duty and specialty truck, bus, military and power generation industries. It operates a 150,000-square-foot plant in Jackson, Miss., that employs 240 people. The unit’s customer base includes Paccar, Mack, Oshkosh Truck, International Truck and Engine, Freightliner and Cummins. The deal is part of an agreement through which Modine will merge its aftermarket business with that of Transpro.
Modine acquires Transpro business
Mar 14, 2005