Erik S. Hanley
Modine Manufacturing Company is opening a new facility in Franklin.
Modine, a Racine-based company focused on thermal management technologies for the commercial, industrial and vehicular markets, is leasing a 153,000-square-foot facility at 3303 West Oakwood Road, according to a Jan. 22 news release from the City of Franklin.
The company is expected to move into the space later this year and the facility is expected to provide 200 full-time jobs by 2029, the release said.
“We have an established history of a wide range of manufacturing businesses that call the City of Franklin home, and securing this partnership with Modine confirms we are attracting the best these industries have to offer,” Mayor John Nelson said in the release. “This is a great win for our city and the job opportunities it will bring to the community.”
The new building was recently constructed next to the Saputo Cheese USA Inc. manufacturing facility which started operations in 2023.
“We design, engineer, test, and manufacture heat transfer products for a wide range of applications and markets,” Modine says on its company website. “We’re at work in practically every corner of the world, inside the things you see every day.”
At the facility, the company will produce thermal management systems used in construction equipment as well as in electric vehicles such as fire trucks, last-mile delivery vehicles and municipal buses, according to the release.
The City of Franklin is offering $1.6 million in tax increment financing toward the project. TIF money comes from property taxes within a TIF district and is used to pay for public improvements and other costs. Once the debt is paid off and the district is retried, the added tax base flows into the general coffers of the city, school, county and other taxing entities.
On his Facebook page, Nelson gave "a special shoutout to John Regetz, our Economic Development Director, who worked closely with Modine representatives and Milwaukee 7 to make sure all details were dotted and crossed."
Milwaukee 7, or M7, is a cooperative of seven counties of southeastern Wisconsin: Milwaukee, Waukesha, Kenosha, Ozaukee, Racine, Walworth, and Washington. It is the economic development arm of the Metropolitan Milwaukee Association of Commerce.
Modine was founded in 1916 by Arthur B. Modine to manufacture thermal solutions for the emerging automobile industry, according to the company website.
Contact Erik S. Hanley aterik.hanley@jrn.com. Like his Facebook page,The Redheadliner, and follow him on X@Redheadliner.
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