Investopedia: If Modine Manufacturing Can Turn It Around, The Rewards Could Be Significant

There aren't too many auto or commercial vehicle component manufacturers doing very well in the market right now, as even popular names like BorgWarner (NYSE:BWA) and Cummins (NYSE:CMI) are getting sold on fears about waning global demand. That leaves Modine Manufacturing (NYSE:MOD) in a precarious position - the company serves both passenger and commercial vehicle manufacturers, it has a sizable exposure to Europe and it's trying to execute a restructuring of some of its operations.

Although there's definitely a risk that Modine's restructuring efforts will fail, as well as industry-wide risks regarding demand and sustainable free cash flow generation, the potential payoffs of success make this a name worth watching.

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http://www.investopedia.com/stock-analysis/2012/If-Modine-Manufacturing-Can-Turn-It-Around-The-Rewards-Could-Be-Significant-MOD-HON-CAT-BWA0927.aspx