-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Jv8UQmYshaMjerN8V4nXWxxziehtuUDyCbUNiIaId0WsHCCuP0HD9bMbi1s7YL/V knVrIPQ24t947XsHXpFtxQ== 0001140361-09-001476.txt : 20090120 0001140361-09-001476.hdr.sgml : 20090119 20090120105953 ACCESSION NUMBER: 0001140361-09-001476 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090119 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090120 DATE AS OF CHANGE: 20090120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MODINE MANUFACTURING CO CENTRAL INDEX KEY: 0000067347 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 390482000 STATE OF INCORPORATION: WI FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01373 FILM NUMBER: 09533303 BUSINESS ADDRESS: STREET 1: 1500 DEKOVEN AVE CITY: RACINE STATE: WI ZIP: 53403 BUSINESS PHONE: 2626361200 8-K 1 form8k.htm MODINE MANUFACTURING 8-K 01-19-2009 form8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


FORM 8-K
 
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934

Date of Report (Date of earliest event reported):  January 19, 2009
 
Modine Manufacturing Company
(Exact name of registrant as specified in its charter)
 
Wisconsin
1-1373
39-0482000
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification Number)


1500 DeKoven Avenue, Racine, Wisconsin
 
53403
Address of principal executive offices
 
Zip Code
 
Registrant's telephone number, including area code:
(262) 636-1200
 
_____________________
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

£
Written communications pursuant to Rule 425 under the Securities Act  (17 CFR 230.425)

£
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

£
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

£
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



 
Information to be Included in the Report

Item 8.01               Other Events.

On January 19, 2009, Modine Manufacturing Company (the “Company”) issued a press release announcing a reduction in force.  Attached to this Current Report on Form 8-K as Exhibit 99.1 is a copy of the Company’s press release in connection with the announcement.

Item 9.01               Financial Statements and Exhibits.

(d)           Exhibits

    
Exhibit
Number
 
Description
 
99.1
 
Press Release dated January 19, 2009
 
2

 
SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 
Modine Manufacturing Company
   
   
 
By: /s/ Margaret C. Kelsey
 
Margaret C. Kelsey
 
Vice President, Corporate Development,
 
General Counsel and Secretary

Date:  January 20, 2008
 
3

 
EXHIBIT INDEX

Exhibit Number
 
Description
 
Press Release dated January 19, 2009
 
 
4

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

                                                                                           Exhibit 99.1
 
NEWS RELEASE

For Immediate Release
 
Contacts:

Susan Fisher - 262-636-8434 s.h.fisher@na.modine.com

Sallie Gaines – 312-485-0103 sallie.gaines@hillandknowlton.com


Modine Announces Reduction in Workforce

RACINE, WI, January 19, 2009 – Modine Manufacturing Company (NYSE: MOD), a diversified global  leader in thermal management technology and solutions, today announced a reduction in force in its Racine headquarters, affecting approximately 170 employees and contractors.  This represents approximately 25 percent of the workforce in Racine and crosses all levels of the organization.  In Europe, the company has entered into the procedure to significantly reduce the workforce in its Bonlanden, Germany-based European Headquarters and TechCenter. The actions are part of Modine’s restructuring program focused on reducing selling, general and administrative (SG&A) costs and other steps to restore profitability to its global operations, which have been severely impacted by the current worldwide economic crisis.

“The decision to further reduce our workforce was extremely difficult, but it is one that is essential in these unprecedented times,” said Thomas A. Burke, President and Chief Executive Officer.  “We are extremely grateful to these employees for their service to Modine and completely committed to provide resources and support to help them transition to other opportunities.”

In that regard, Modine is working closely with state and local employment services, will provide resume preparation workshops, and has retained job and career counselors to assist employees affected by the reduction.

The company will discuss the workforce reduction and additional restructuring activities when it announces results for the third quarter of fiscal 2009 on or about February 9, 2009.
 

 
About Modine – www.modine.com
 
Founded in 1916, with restated fiscal 2008 revenues from continuing operations of $1.9 billion, Modine specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, HVAC (heating, ventilating, and air conditioning) equipment, industrial equipment, refrigeration systems and fuel cells. Based in Racine, Wisconsin, the company has more than 7,900 employees at 33 facilities in 15 countries worldwide. For information about Modine, visit www.modine.com.


# # #
 
 

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