Modine Recognizes Supplier of the Year Award Winners

RACINE, Wis.--July 16, 2004--Modine Manufacturing Company recognized one dozen of its 196 North American suppliers at the second annual Preferred Supplier Awards Ceremony held at Modine's worldwide headquarters in Racine.

"We are consistently tasked to provide our customers with innovative, exceptional products that deliver quality and value. We can't do this without the support of our supplier network," said President and CEO David Rayburn. "Recognizing these 12 companies as Preferred Suppliers is our way of thanking them for a job well done. We look forward to this list growing significantly in the future."

To be eligible for the award, suppliers must exceed criteria established in four measurable areas of the Modine supplier rating system: quality, on time delivery, cost reduction continuous improvement, and support, capabilities and responsiveness. The supplier rating system acknowledges suppliers who meet or exceed Modine's expectations. Those who receive a supplier rating score greater than 90 achieve Preferred status.

The 2004 Preferred Supplier Award Winners recognized today were:

-- Vanamatic Company, Delphos, Ohio - supplies precision machined parts

-- Bay Corrugated Container, Inc., Monroe, Michigan - supplies corrugated packaging materials

-- Robert Bosch Corporation, Albion, Indiana - supplies e-fan cooling modules

-- Webco Industries, Inc., Mannford, Oklahoma - supplies stainless steel tubing

-- PPG Industries, Inc., Oak Creek, Wisconsin - supplies paint

-- Peerless of America, Inc., Effingham, Illinois - supplies aluminum extrusions

-- Acc-u-rite Tooling, Ethridge, Tennessee - supplies precision machined parts

-- Elgin Corrugated Box Company, Elgin, Illinois - supplies corrugated packaging materials

-- MKM Machine Tool Co., Inc., Jeffersonville, Indiana - supplies precision machined parts

-- The Linderme Tube Company, Cleveland, Ohio - supplies copper tubing

-- Assembly Component Systems, Willowbrook, Illinois - supplies fasteners and hardware

-- Nu-Metal Products, Inc., Crystal Lake, Illinois - supplies precision machined parts

Of the award winning companies, Peerless of America, Inc. and The Linderme Tube Company are repeat winners, having been named Preferred Suppliers in 2003.

Modine Manufacturing Company specializes in thermal management, bringing heating and cooling technology to diversified markets, employing nearly 8,000 people at 34 production facilities worldwide. Modine products are used in light, medium and heavy-duty vehicles, HVAC (heating, ventilating, air conditioning) equipment, industrial equipment, refrigeration systems, fuel cells, and electronics. Modine can be found on the Internet at www.modine.com.