Modine Manufacturing Co

Inflation Reduction Act (IRA) - Application to Accelerate Domestic Manufacturing of High-efficiency Electric Heat Pumps in Qualified Hvac Industrial Settings – 2024 This Project Proposes to Expand the Capacity and Capability of Its Air-to-water Heat Pumps in Longview, TX. the Size of the Current Production Facility Limits the Largest Unit Manufactured to 80 Ton Units; Expanding Into a Larger Facility Will Help Manufacture Larger Nodes Up to 300 Tons.

Committed

$15.7 Million

Paid to

UEI QF6JCLCHBHN8

1500 Dekoven Ave, Racine, WI, 53403

Department of Energy

Place

LONGVIEW, TX, UNITED STATES

TX-01

Performance

Oct 1, 2024 → Mar 31, 2026

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to

Modine Manufacturing Co

Committed

$15.7 Million

Paid to

Modine Manufacturing Co

UEI QF6JCLCHBHN8

1500 Dekoven Ave, Racine, WI, 53403

Department of Energy

Place

LONGVIEW, TX, UNITED STATES

TX-01

Performance

Oct 1, 2024 → Mar 31, 2026

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗