Bergstrom Inc. announces acquisition of Modine Manufacturing Company’s vehicular HVAC product business

Bergstrom Inc. announces acquisition of Modine Manufacturing Company’s vehicular HVAC product business

March 5, 2010

Bergstrom today announced the acquisition of Modine Manufacturing Company’s vehicular HVAC products business in North America. The subsidiary serves off-highway vehicles, trucks and school buses, specifically major commercial vehicle OEMs.

This acquisition represents a significant growth in Bergstrom’s production and manufacturing capabilities of HVAC products for off-highway vehicles, trucks and school buses.

"This product line is a welcome addition to our core business" said Jack Shaffer, President and COO of Bergstrom Inc. "The acquisition enhances our product offerings in the HVAC market and strengthens our ability to provide high-quality products to our customers in an efficient and timely manner.”

Bergstrom is currently in the process of moving physical assets to its company headquarters in Rockford, Ill. The move will continue for a number of weeks to ensure a seamless assimilation into the existing facility.

"By combining the technology, expertise and manufacturing capabilities of two leading companies, we will continue to drive climate control innovations within the commercial vehicle industry,” said Dave Rydell, owner of Bergstrom Inc. "In these times of economic uncertainty within our market, Bergstrom is proud to be able to supply additional jobs locally and keep these jobs in the US.”

For more information about Bergstrom, please visit bergstrominc.com.

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