Modine to sell stake in Nikkei Heat Exchanger Company joint venture

Modine Manufacturing Company announced that it signed an agreement to sell its 50% stake in its Nikkei Heat Exchanger Company, Ltd. joint venture to its partner in the joint venture, Japan-based Nippon Light Metal Company, Ltd., (NLM). Nikkei Heat Exchanger Company, Ltd. manufactures and sells aluminum heat exchanger....

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