I know, it may get hotter, but if you're lucky, it'll wear out
You read my mind
I spent all day putting in a used breaker subpanel & new 10 gauge wiring down to the back end of the shop. Then I used the former 1/2" galvanized overhead LP gas pipe that ran the length of the shop, as the main air line to get air up front. Now the compressor is WAY back there...and behind 2 cars.....AND IT'S STILL NOISEY
Yes, an insulated box is next.