Miba, an Austrian company that produces sintered car components, engine bearings, friction materials, and coatings, is creating 80 jobs in McConnelsville, Ohio and investing $30 million in Ohio production sites.
Employees at the new manufacturing facility in McConnelsville will make four million engine and transmission sintered components for passenger cars annually. Miba invested $16 million in the plant.
"At the new Miba Sinter USA site, we are producing energy-efficient engine and transmission components for the North American market. This means we are near the customer and are producing large volumes in the same place where they are distributed," said Peter Mitterbauer, CEO of the Miba Group.
Miba Bearings, a sister site, is also launching a new production line for high-performance engine bearings for trucks. The company invested $14 million in the expansion.
"Our clear strategic orientation is toward high technology. The two plants in McConnelsville with currently around 260 employees comprise an important production center for Miba and will further grow. These high-performance sites secure our long-term ability to provide high-quality products to our American customers," said Peter Mitterbauer, chairman of the Miba Management Board.