The Racine, Wisc.,-based Modine is locating the headquarters of its heating business at its location in Buena Vista, where the company is planning to invest $19.6 million to fund a combination of warehouse, office, and testing facility construction.
The investment will create 57 new jobs at the Buena Vista facility, which already employs 300.
“Modine’s continued growth and investment are a tremendous vote of confidence in Buena Vista,” Buena Vista Mayor Tyson Cooper said, “For more than 60 years, our community and Modine have shared a strong, productive partnership that has benefited both the company and our community. Their decision to locate the heating division’s headquarters here, and to further expand operations, underscores Modine’s long-term commitment to Buena Vista and highlights the supportive environment we work hard to provide. We look forward to building on this valued relationship for years to come.”
The expansion is being greased by a $300,000 grant from the Commonwealth Opportunity Fund that was approved by outgoing Gov. Glenn Youngkin.
This new expansion comes on the heels of an $18.1 million data-center expansion announced last year by Modine creating more than 200 new jobs, and a $7 million data-center project in 2021.
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“Modine is proud of our long partnership with the City of Buena Vista, having operated our manufacturing facility here for more than 60 years. We are excited to build on that legacy with this new investment in our operations and testing facilities,” Modine Heating General Manager Matt Niebur said. “We are grateful for the strong partnership and support we have received from local and state authorities. Their collaboration has been essential for our continued growth and success in Virginia.”