Miba opened a new production site for sintered components in McConnelsville, Ohio. The company invested $16 million in the new plant, which will produce 4 million high-precision, high-strength engine and transmission components per year for use in passenger cars. The facility, which will create about 60 new jobs, was built alongside sister plant Miba Bearings U.S. Additional production lines have already been planned for the next phase of expansion.
Synergies with Miba Bearings was a key factor in the company’s decision to build the new plant in McConnelsville. In other news, Miba Bearings invested $14 million in a new production line for high-performance engine bearings for trucks. The new technologies being used at both facilities help reduce fuel consumption and emissions.