STOCK TITAN

Modine Adds MRS, MRL to its Growing Lineup of Infrared Heating Solutions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Modine (NYSE: MOD), a leader in innovative heating solutions, has introduced two new low-intensity tube heaters, the MRS and MRL, to its infrared heating lineup. These gas-fired units are designed to enhance comfort in outdoor spaces such as home patios, restaurant patios, and entertainment venues.

The MRS, with a 9ft length, can heat up to 180 square feet and offers fire rates of 50,000 btu/hr (high) and 35,000 btu/hr (low). The larger MRL, at 16ft 4in, covers up to 312 square feet and comes with multiple fire rate options ranging from 50,000 to 100,000 btu/hr.

Both models are available in natural gas or propane configurations, feature aluminum housing and stainless steel flexible gas connectors for durability, and are designed for easy installation. This expansion reflects Modine's response to strong market demand for outdoor heating solutions.

Modine (NYSE: MOD), leader nelle soluzioni di riscaldamento innovative, ha introdotto due nuovi riscaldatori a tubo a bassa intensità, l'MRS e l'MRL, nella sua linea di riscaldamento a infrarossi. Questi moduli a gas sono progettati per migliorare il comfort negli spazi esterni, come i patii delle case, i patii dei ristoranti e i locali di intrattenimento.

L'MRS, lungo 2,7 metri, può riscaldare fino a 16,8 metri quadrati e offre tassi di combustione di 50.000 btu/ora (alto) e 35.000 btu/ora (basso). Il più grande MRL, lungo 5 metri, copre fino a 29 metri quadrati e dispone di diverse opzioni di tasso di combustione che variano da 50.000 a 100.000 btu/ora.

Entrambi i modelli sono disponibili in configurazioni a gas naturale o propano, presentano un involucro in alluminio e connettori flessibili in acciaio inossidabile per garantire durata, e sono progettati per un'installazione semplice. Questa espansione riflette la risposta di Modine alla forte richiesta di soluzioni di riscaldamento per esterni.

Modine (NYSE: MOD), un líder en soluciones de calefacción innovadoras, ha presentado dos nuevos calentadores de tubo de baja intensidad, el MRS y el MRL, en su gama de calefacción por infrarrojos. Estas unidades de gas están diseñadas para mejorar la comodidad en espacios exteriores, como patios de casas, patios de restaurantes y lugares de entretenimiento.

El MRS, con una longitud de 2.7 metros, puede calentar hasta 16.8 metros cuadrados y ofrece tasas de fuego de 50,000 btu/hora (alta) y 35,000 btu/hora (baja). El más grande MRL, con 5 metros de largo, cubre hasta 29 metros cuadrados y viene con múltiples opciones de tasa de fuego que varían de 50,000 a 100,000 btu/hora.

Ambos modelos están disponibles en configuraciones de gas natural o propano, cuentan con un revestimiento de aluminio y conectores flexibles de acero inoxidable para mayor durabilidad, y están diseñados para una fácil instalación. Esta expansión refleja la respuesta de Modine a la fuerte demanda del mercado de soluciones de calefacción para exteriores.

모딘(Modine, NYSE: MOD)은 혁신적인 난방 솔루션의 선두주자로서, MRS와 MRL이라는 새로운 저강도 튜브 히터 두 개를 적외선 난방 라인업에 추가했습니다. 이 가스 발열 장치는 주택의 파티오, 식당의 파티오 및 오락 장소와 같은 야외 공간에서 편안함을 향상시키기 위해 설계되었습니다.

MRS는 2.7미터 길이로 최대 16.8제곱미터를 난방할 수 있으며, 50,000 btu/시간(고) 및 35,000 btu/시간(저) 의 화력이 가능합니다. 더 큰 MRL은 길이 5미터로 최대 29제곱미터를 커버하며, 50,000에서 100,000 btu/시간까지 다양한 화력 옵션이 제공됩니다.

두 모델 모두 천연가스 또는 프로판 구성이 가능하며, 내구성을 위해 알루미늄 하우징과 스테인리스 스틸 유연 가스 연결기를 특징으로 하며, 쉽게 설치할 수 있도록 설계되었습니다. 이 확장은 야외 난방 솔루션에 대한 강한 시장 수요에 대한 모딘의 응답을 반영합니다.

Modine (NYSE: MOD), un leader dans les solutions de chauffage innovantes, a introduit deux nouveaux chauffages à tube à basse intensité, le MRS et le MRL, dans sa gamme de chauffage infrarouge. Ces appareils à gaz sont conçus pour améliorer le confort dans des espaces extérieurs tels que les patios de maison, les patios de restaurant et les lieux de divertissement.

Le MRS, d'une longueur de 2,7 mètres, peut chauffer jusqu'à 16,8 mètres carrés et offre des débits de chaleur de 50 000 btu/heure (élevé) et 35 000 btu/heure (bas). Le plus grand MRL, mesurant 5 mètres de long, couvre jusqu'à 29 mètres carrés et propose plusieurs options de débit de chaleur variant de 50 000 à 100 000 btu/heure.

Les deux modèles sont disponibles en configurations à gaz naturel ou propane, présentent un boîtier en aluminium et des raccords de gaz flexibles en acier inoxydable pour plus de durabilité, et sont conçus pour une installation facile. Cette expansion reflète la réponse de Modine à la forte demande du marché pour des solutions de chauffage en extérieur.

Modine (NYSE: MOD), führend in innovativen Heizlösungen, hat zwei neue Niedrig-Intensitäts-Röhrenheizungen, den MRS und den MRL, in sein Infrarot-Heizungsangebot eingeführt. Diese gasbetriebenen Geräte sind darauf ausgelegt, den Komfort in Außenbereichen wie Heimterrassen, Restaurantterrassen und Veranstaltungsorten zu erhöhen.

Der MRS hat eine Länge von 2,7 Metern und kann bis zu 16,8 Quadratmeter heizen und bietet Heizleistungen von 50.000 btu/h (hoch) und 35.000 btu/h (niedrig). Der größere MRL, mit 5 Metern Länge, deckt bis zu 29 Quadratmeter ab und bietet verschiedene Heizleistungsoptionen von 50.000 bis 100.000 btu/h.

Beide Modelle sind in konfigurierungen für Erdgas oder Propan erhältlich, verfügen über ein Aluminiumgehäuse und flexible Edelstahl-Gasanschlüsse für lange Haltbarkeit und sind für eine einfache Installation konzipiert. Diese Erweiterung spiegelt Modines Reaktion auf die starke Marktnachfrage nach Heizlösungen für den Außenbereich wider.

Positive
  • Introduction of new MRS and MRL infrared heaters to meet market demand
  • Expansion of product line to cover various outdoor heating needs
  • Flexibility in fuel options (natural gas or propane) for both models
  • Multiple fire rate options available, especially for the larger MRL model
Negative
  • None.

Insights

Modine's introduction of the MRS and MRL infrared heaters demonstrates a strategic expansion of their product line to meet growing market demand for outdoor heating solutions. These gas-fired units offer versatility with both natural gas and propane configurations, catering to diverse customer needs. The MRS, covering up to 180 square feet and the MRL, heating up to 312 square feet, provide options for various outdoor spaces.

Key features like aluminum housing and stainless steel connectors address durability concerns, while the range of BTU outputs allows for customization based on space requirements. This product launch aligns with the trend of extending outdoor living and entertainment spaces, potentially boosting Modine's market share in the HVAC sector. However, the impact on Modine's overall financial performance may be unless these products gain significant traction or represent a substantial portion of their heating business revenue.

While the addition of MRS and MRL heaters to Modine's product lineup is a positive development, its immediate impact on the company's $6.8 billion market cap is likely to be minimal. The outdoor heating market, although growing, represents a niche segment within Modine's broader HVAC portfolio. The product launch aligns with consumer trends towards outdoor living spaces, which could provide a steady revenue stream, especially in regions with cooler climates.

Investors should view this as part of Modine's ongoing strategy to diversify and strengthen its product offerings rather than a game-changing development. The real test will be in the market adoption rates and how these products contribute to the overall Heating business segment's performance in upcoming quarterly reports. Without specific sales projections or market size estimates, it's challenging to quantify the potential financial impact, suggesting a neutral stance for investors at this time.

The latest additions are innovative and elegant gas-fired units designed to enhance comfort on home patios and decks, restaurant patios, driving ranges and other outdoor entertainment venues, and more

RACINE, Wis., Oct. 16, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a leader in innovative heating solutions in the HVAC industry, announces the addition of two innovative, low-intensity tube heaters, the MRS and MRL, to its successful and growing catalogue of infrared units.

"Our growing number of infrared heating offerings is a reflection of strong market demand, and we're happy to continue expanding this line with the MRS and MRL," said Jon Schlemmer, Vice President and General Manager of Modine's Heating business. "These highly reliable gas-fired units showcase Modine's commitment to quality, and we're confident that these attractively designed heaters will enhance the outdoor spaces for homes, restaurants, entertainment venues and other businesses hoping to extend the use of their entertaining spaces regardless of the weather conditions."

The MRS and MRL are both available in either natural gas or propane configurations and are designed to be easy to install and ready to go out of the box. The aluminum housing and included stainless steel flexible gas connectors ensure durability for each model.

The MRS has an overall physical length of 9ft and will heat spaces up to 180 square feet. This model is available with a high fire rate of 50,000 btu/hr and low fire rate of 35,000 btu/hr.

The larger MRL has a physical length of 16ft 4in and will heat up to 312 square feet. More fire rates are available for this model, including:

  • High fire rate of 65,000 btu/hr and a low fire rate of 50,000 btu/hr
  • High fire rate of 80,000 btu/hr and a low fire rate of 52,000 btu/hr
  • High fire rate of 100,000 btu/hr and a low fire rate of 65,000 btu/hr

"With the MRS and MRL, we're providing even more options for discerning customers using either natural gas or propane as a source," Schlemmer said. "We understand that each outdoor space needing heat is unique, and it's our goal at Modine to have a solution that meets your needs, no matter what fuel source you require or how much space you have available."

For more information on Modine heating solutions, visit https://www.modinehvac.com/.

About Modine
At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modinehvac.com.

Media Contact:

Heather Ripley


(865) 977-1973


hripley@ripleypr.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/modine-adds-mrs-mrl-to-its-growing-lineup-of-infrared-heating-solutions-302277272.html

SOURCE Modine

FAQ

What are the new products Modine (MOD) has introduced to its infrared heating lineup?

Modine has introduced two new low-intensity tube heaters, the MRS and MRL, to its infrared heating lineup. These are gas-fired units designed for outdoor heating applications.

What are the specifications of Modine's (MOD) new MRS infrared heater?

The MRS has a length of 9ft, can heat up to 180 square feet, and offers fire rates of 50,000 btu/hr (high) and 35,000 btu/hr (low). It's available in natural gas or propane configurations.

What are the heating capabilities of Modine's (MOD) new MRL infrared heater?

The MRL is 16ft 4in long, can heat up to 312 square feet, and offers multiple fire rate options ranging from 50,000 to 100,000 btu/hr. It's available in natural gas or propane configurations.

What fuel options are available for Modine's (MOD) new MRS and MRL infrared heaters?

Both the MRS and MRL infrared heaters from Modine are available in either natural gas or propane configurations, providing flexibility for different fuel sources.

Modine Manufacturing Co

NYSE:MOD

MOD Rankings

MOD Latest News

MOD Stock Data

6.18B
51.67M
1.59%
105.79%
6.36%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
RACINE