The Miba Group is building a new plant for sintered components in McConnelsville, Ohio. The facility will be built next to the existing bearings plant, Miba Bearings, and will produce components for passenger-car engines and transmissions. Production is expected to begin around mid-2009. Miba will invest $16.5 million by mid-2010 in the plant.
With the new facility, which will employ 60 workers, Miba is well positioned to meet the increasing North American demand for smaller, more efficient engines and transmissions. According to Miba, its technology for engines and transmissions contributes to the reduction of fuel consumption and emissions by 15-25% compared with current U.S. vehicles.