Modine Invests in Franklin, WI, Bringing 200 Jobs by 2029
Slice of Manufacturing Team
01/31/2025
Key Highlights:
- Modine (NYSE:MOD) is establishing a thermal management systems facility in Franklin, WI.
- The facility will support electric vehicle industries, including fire trucks, buses, and construction equipment.
- 200 full-time jobs expected by 2029.
- 153,000 sq. ft. facility at 3303 West Oakwood Road, with operations beginning in 2025.
- $1.6 million tax increment financing provided by the City of Franklin.
Source: Direct
Quotes
“ “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. This is a great win for our city and the job opportunities it will bring to the community.” ”
John Nelson, Mayor at Franklin
Why This Matters:
Modine’s investment reinforces Franklin’s status as a manufacturing hub, boosting economic growth and job creation in the region. The facility will advance sustainable vehicle technologies, supporting the growing shift to electric commercial and specialty vehicles. With public-private collaboration, including the City’s $1.6M incentive, this initiative highlights Franklin’s attractiveness for industrial innovation and job expansion.
