Modine Honors Preferred Suppliers

    RACINE, Wis.--July 18, 2003--Modine Manufacturing Company awarded five of its two-hundred key suppliers, to North American Operations, in the first annual Preferred Supplier Awards Ceremony held at Modine's worldwide headquarters in Racine, Wisconsin, U.S.A.
    "In order to achieve true success in today's competitive global marketplace companies need to be successful throughout the entire supply-chain process, and that begins with our suppliers, said Dave Rayburn, Modine's president and chief executive officer. The suppliers that we have recognized, for fiscal 2003, have proven to be valuable partners to Modine, and I hope that our other suppliers will use these companies as a benchmark for their future growth."
    To be eligible for the award the supplier must exceed the criterion established in each of the following four areas: quality, delivery, cost reduction, and support, capabilities and responsiveness. The 2003 Preferred Supplier Award Winners that were recognized today were:

--	Peerless of America, Inc., Effingham, IL - a supplier of aluminum extrusions
--	Custom Machine, Inc., Tiffin, OH - a custom manufacturer of fabricated parts
--	Solvay Fluorides, Bad Wimpfen, Germany - a supplier of flux
--	Wall Colmonoy Corporation, Madison Heights, MI - a supplier of brazing alloy
--	The Linderme Tube Company, Cleveland, OH - a supplier of copper tubing

    Modine specializes in thermal management, bringing heating and cooling technology to diversified markets. Modine's products are used in light, medium, and heavy-duty vehicles, HVAC equipment, industrial equipment, refrigeration systems, fuel cells and electronics. Modine can be found on the Internet at www.modine.com.