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History
History
1927
At the age of 21, Franz Mitterbauer – father of CEO Peter Mitterbauer – takes over the workshop from the person for whom he apprenticed and sets up a repair shop.
1935
Specialization in engine repair and cylinder and crankshaft machining
1949
1955
First engine bearing exports; Miba brand name introduced
1963
Production of sintered components starts in Laakirchen
1972
New sinter production site set up in Vorchdorf
1975
Start of friction materials production in Vorchdorf
1983
Miba’s founder Franz Mitterbauer dies; his son Peter Mitterbauer takes over leadership
1986
1989
Miba HydraMechanica friction materials plant in Sterling Heights, Michigan, USA acquired
1990
Miba Far East sales company set up in Singapore
1991
Miba Sinter Slovakia sinter plant set up in Dolný Kubín, Slovakia
1998
Acquisition of 30% stake in Mahle Metal Leve Miba Sinterizados in Indaiatuba, Brazil
1999
Miba Automation Systems set up in Laakirchen, Austria
2001
Miba Bearings US engine bearing plant in McConnelsville, Ohio, USA acquired
2004
New friction materials production site Miba Frictec set up in Roitham
2005
Coatings specialist High Tech Coatings set up in Niklasdorf, Austria
Metalsint acquired and integrated into Miba Sinter Slovakia, Dolný Kubín, Slovakia
50% stake in Advanced Bearing Materials, Greensburg, Indiana, USA
2007
Miba Precision Components (China) in Suzhou, China opens
Miba Steeltec, Vráble, Slovakia opens
2008
High Tech Coatings opens a second plant in Vorchdorf
2010
Miba Sinter USA, McConnelsville opens
Acquisition of the british coating specialist Teer Coatings Ltd. in Droitwich, UK
Acquisition of the friction materials business off-highway applications from Hoerbiger and acquisition of a production site in Pune, India
Acquisition of the Styrian specialist for power electronic components EBG and DAU
2011
Acquisition of minority stake in Maxtech Sintered Product Pvt. Ltd. in Pune, India
F. Peter Mitterbauer joins the Miba Board and takes over the responsibility for Miba Friction Group
Formation of Miba’s new business division, New Technologies Group