Automotive Industry
Industry: Email Alert RSS FeedModine and Transpro Become Proliance International
Motor, Sep 2005 by Nash, Tom
Modine Manufacturing Co. announced the completion of the spinoff of its aftermarket business into Transpro, Inc. to form a combined company named Proliance International, Inc.
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"This ends a multiyear journey to create the best long-term strategic solution for our aftermarket business, its employees and our shareholders, and the start of a larger, stronger and leading aftermarket company with enhanced prospects," said David Rayburn, Modine president and chief executive officer.
Copyright Hearst Business Publishing Sep 2005
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