Modine Manufacturing Company (NYSE:MOD) announced that it is exploring strategic alternatives for its Automotive business. Modine expects to complete its assessment of strategic alternatives over the next several quarters and will provide more information when it determines further disclosure is appropriate or required. There can be no assurances that any actions will be taken in response to this assessment, and any final decision remains subject to approval by Modine’s Board of Directors. To assist Modine in review, retained J.P. Morgan Securities as financial advisor, Latham & Watkins LLP as legal advisor.