WorldWide Drilling Resource

39 WorldWide Drilling Resource ® OCTOBER 2013 Modine Then and Now Adapted from Information by Modine Manufacturing Company Arthur Bernard Modine was many things - inventor, industrial ist, phi- lanthropist, engineer. But most important- ly, he was a man of ideas, one of which he built into a reality that still bears his name today, Modine Ma n u f a c t u r i n g Company, now a world leader in heat- transfer technology. A. B. Modine found- ed the company in 1916 when he patented the Spirex radiator for tractors. The first factory was a 10,000-square-foot rent- ed space in the Sattley Bui lding in Racine, Wisconsin. The company’s first big break came in 1917 when a large auto acces- sory manufacturer, Harrison Radiator Company, entered into an agreement with Modine to manufacture radiators with a guaranteed minimum annual payment of $50,000 plus royalties. This transformed the small company into a thriving example of the free enterprise system. Sales in 1917 more than dou- bled from the first year ’s $360,000; factory space doubled; and Modine remained amply capitalized for new ventures. The great depression brought dark hours for the company, but a deal with Ford to provide radiators for their V-8 engine saved the day. Ford made the Turbotube radiator standard on al l Model Ts and Modine became a pub- licly held company. World War II brought another big moment for Modine when they began to manufacture air aftercoolers for use on P-51 Mustang fighter planes. This was an accompl ishment that influ- enced the company’s history for years to come. Through the years, Modine has con- tinued to move in concert with changing times. Modine Europe was established in 1990 and grew substantially in 1993 with the aquisition of Längerer & Reich, a German heat transfer company found- ed in 1913. This aquisition gave Modine over 150 combined years of thermal man- agement and heat transfer experience. The company is continuously mov- ing forward with a vision of global heat transfer leadership. This can be seen in Modine’s state-of-the-art technical centers - one in Racine, the other in Bonlanden, Germany, home of their European headquarters. At Modine’s Tech Center, you will find: j (NEW) Two Climate Chambers j (NEW) Semi-Anechoic Sound Room j (NEW) Ventilation Test Cell j Heating Lab j Refrigeration Lab j Wind Tunnel A. B. Modine, busy building an empire. It’s easy to see why Modine is now an integral part of the world marketplace, bringing to it a history of manufacturing creativity and integrity. The company has turned its eye on the future, making sub- stantial product developments and in- vestments over the last several years through the launch of Effinity 93® and Atherion ® , and the aquisition of Airedale™ and Geofinity™. Modine now employees around 6500 people in 27 production facilities worldwide, and remains committed to offering and utilizing innovative prod- ucts and processes. The company will continue to invest heavily in research and development to create commer- cially viable, next-generation thermal products, which will ensure Modine’s continued success. )0 -4 --*22** !.*-/ ) *)"!-!) ! !)/!- '!3 ) -% $! 0'! 0) 4 !#%./- /%*) +!). * - *" %-! /*-. !!/%)# +! &!-. ) *.+%/ '%/4 %!. -*#- ( *) *) 4 *) 4 $! 0'! !#%./- /%*) ) !' *(! +! &!-. - ! $*2 ),0!/ 0 /%*) ) .%)* %#$/ 0!. 4 -! &" ./ ) ))0 ' !!/%)# ./ -!.% !)/. !!/%)# ) * - *" %-! /*-. !!/%)# *- (*-! %)"*-( /%*) 1%.%/ *0- ! .%/! 222 (22 *-# %))!.*/ /!- !'' ..* % /%*) )) ))0 ' - ! $*2 *)1!)/%*) Modine’s Racine, Wisconsin, modern-day headquarters. &% ! "" * "(%$ ))) (" $( ' & $ %# # " (" $( $ ( " !" !! ! &% ! % ! (" $( & $ $ $ " ! $ $ ! ! $ ! $ # $ $ $