Modine Announces The Addition Of Two Innovative, Low-intensity Tube Heaters, The MRS and MRL, To Its Successful And Growing Catalogue Of Infrared Units
Portfolio Pulse from Benzinga Newsdesk
Modine has expanded its product line by introducing two new low-intensity tube heaters, the MRS and MRL, to its infrared units catalogue. This move is part of Modine's strategy to enhance its offerings in the heating solutions market.
October 16, 2024 | 11:14 am
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Modine has introduced two new low-intensity tube heaters, the MRS and MRL, to its infrared units catalogue, indicating a strategic expansion in its product offerings.
The introduction of new products, MRS and MRL heaters, suggests Modine is actively expanding its product line, which could lead to increased sales and market share in the heating solutions sector. This is likely to have a positive impact on Modine's stock price in the short term.
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