Modine, OneGene to supply powertrain cooling in South Korea

  • 29-Apr-2011 03:26 EDT

Modine Manufacturing Co. and OneGene Inc. have signed a 50:50 joint venture agreement to develop and manufacture powertrain cooling modules and components for the South Korean off-highway equipment market. The planned JV, to be named Modine OneGene Corp., will be headquartered on property adjacent to OneGene’s existing facility in Chungcheong Buk-Do, South Korea, and is expected to begin operations this summer. “The Korean market and the targeted off-highway customers represent a very important piece of Modine Asia’s growing powertrain cooling business,” said Tom Marry, Modine’s Regional Vice President–Asia & Commercial Products Group. “It is critical to support these customers with local engineering, sales, manufacturing, and logistics. Our joint venture with OneGene will accomplish this goal.”

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