Acquisition Momentum LB White was acquired by Modine Manufacturing Co. for approximately $112 million in May 2025, suggesting expanded distribution, new global resources, and potential cross-selling opportunities across Modine's climate control portfolio.

Industrial Reach Focused on agricultural, horticultural, industrial, construction, and event rental sectors, LB White offers a broad line of heaters and climate solutions ripe for cross-sell to allied equipment suppliers, rental fleets, and turnkey project integrators.

Global Expansion With a 75-year history and leadership in forced air heaters and related systems, there is potential to scale presence in international markets through Modine’s network and existing distributors, enabling regional partnerships and new channel strategies.

Product Evolution Recent launches such as the Journeyman 360 indirect heater and the Volt portable electric heater indicate a path toward energy-efficient, versatile solutions that can address evolving customer needs and create upsell opportunities for modernized fleets.

Midmarket Growth Revenue in the range of 25–50 million with a mid-size employee base presents a viable target for procurement professionals and maintenance managers seeking reliable, long-term climate solutions, aftermarket parts, and service contracts.