Miba AG

Company Profile

■URL

https://www.miba.com/en

■Address

Dr.-Mitterbauer-Str. 3, 4663 Laakirchen, Austria

Business Overview

-The Company develops and manufactures components, systems, and solutions for use across the entire energy value chain, enhancing efficiency and sustainability in energy generation, transmission, storage and use for engines and powertrains. The Company serves several markets, including automotive and commercial vehicle markets.

-The Company is organized into the following divisions:

  • Miba Sinter Group – Produces sintered components primarily for car engines, transmissions and electrical steering systems
  • Miba Bearing Group – Produces engine bearings for commercial vehicles, ships, locomotives and power plants; and industrial bearings for pumps and generators
  • Miba Friction Group – Produces friction materials for passenger vehicles, commercial vehicles, motorcycles, construction vehicles, trains, tractors, aircraft, and wind power plants
  • Miba Power Electronics Group – Develops customer-specific solutions such as resistors and heat sinks for more efficient generation, transmission and utilization of electrical energy
  • Miba Strategic Units – Division consists of three units: Coatings, which provides coating solutions to enhance functional surfaces in components for engines and transmissions, as well as for industrial applications; Miba Automation Systems which provides bearing technology, robotics and automation for special machinery; and eMobility, which provides a variety of solutions such as resistors, sintered components and friction materials targeted towards electric vehicles

-Sales in the automotive market accounted for 41% of the company’s total sales in the fiscal year ended January 3, 2023.

Shareholders

-The Company is a family-owned entity. It was delisted from the Vienna Stock Exchange on December 3, 2015, following the registration of the exclusion of shareholders.

Products

Sintered components
Engine components
-Belt pulleys
-Chain sprockets
-Gears
-Components for hydraulic cam phasers
-Oil pump gears
-Water pump gears
-Main bearing caps
-Variable valve timing components

Transmission components
-Synchronizer hubs and rings
-Friction rings
-Dog rings
-Clutch bodies
-Pressure plates
-Shift fingers
-Shift forks
-Fully assembled synchronizer units

Shock absorbers
-Pistons
-Rod guides
-Cylinder ends

Body, Chassis, Pumps, e-Drive components
-Hydraulic system parts
-Oil pump stators and rotors
-Exhaust system parts
-Steering parts
-Brake parts
-Car body parts
-Helical belt pulleys for electrical steering systems

Engine bearings 
-Half-shafts
-Bearings
-Bushings
-Bimetal engine bearings
-Thrust washers
-Sputter coatings
-Electroplated coatings

Friction materials
Friction and steel discs
-Wet-running fiber composite friction discs
-Carbon friction discs
-Sintered friction discs
-Carbon friction materials
-Fiber composite materials
-Steel mating discs
-Disc carriers
-Molybdenum discs

Clutch buttons
-Main clutches

Coatings
-Polymer coatings
-Electroplated coatings
-PVD coatings
-Anti-friction coatings
-Noise reduction coatings
-Friction enhancing coatings
-Wear-resistant coatings
-Corrosion-resistant coatings

Power electronic components
-Air-cooled heat sinks
-Liquid-cooled heat sinks
-Resistors
-Heat pipes

eMobility
-Winding and assembly systems for electric motors
-Soft Magnetic Composite materials for electric motors
-Powder-metal gears
-Self-energizing synchronizers
-Powder metal components for clutch actuation and parking lock devices
-Noise reduction coatings
-Adaptive coatings
-Gripcoat process to directly apply friction-enhancing coating to components
-Bipolar plate coatings
-Resistors
-Heat sinks
-Liquid cooling components for battery modules
-Heat pipe assemblies
-Battery cooling systems
-Battery management systems

History

1927 Franz Mitterbauer took over the metalworking shop of his employer, a master craftsman, and expanded it into an automobile workshop.
1935 Franz Mitterbauer started to specialize in engine maintenance and repairs.
1949 The Company started the production of engine bearings.
1955 First exports of bearings; introduction of the "Miba" brand.
1963 The first sintered components were produced.
1975 Started producing friction materials.
1986 Listed on the Vienna stock exchange.
1991 Acquired Tyzack Transmission Components Ltd.
1991 Acquired Miba Handelsgesellschaft mbH-Motor-Center Mitterbauer GmbH.
1991 Acquired an 80% interest in Terrecorp, United States.
Jan. 1992 Constructed Miba Motor-Center Kft. in Budapest, Hungary.
1993 Increased its interest in HydraMechanica Corp., a manufacturer of friction materials in the US, from 50% to 100%, and at the same time disposed of Friction Masters Inc.
1994 Acquired Nuova Merisinter Group, Italy.
Oct. 1998 Acquired a 30% interest in Metal Leve Produtos Sinterizadors Ltda. and started its expansion in South America.
1999 Disposed of Motor-Center Mitterbauer.
Jul. 1999 Acquired Sintermetal S.A., Spain.
Oct. 1999 Opened Miba Training Center, in Laakirchen, Austria.
Jul. 2001 Miba-Bearings of the US, a subsidiary of the Company, Acquired the heavy wall bearing business of Federal-Mogul Corporation.
Oct. 2006 The sinter plant in Napels (Italy) sold to an Italian investor.
2007 Miba Precision Components (China) in Suzhou, China opens
2007 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
Dec. 2013 Signed an agreement to increase its interest in Mahle Metal Leve Miba Sinterizados Ltda in Indaiatuba, Brazil, by 10% from 30% to 40%.
Jun. 2017 Increased its interest in Mahle Metal Leve Miba Sinterizados (MMLMS) from the current level of 40% to 100% as of June 30, 2017.
May 2018 -The Company built two new production sites in Suzhou and Qingxi, China.
-Acquired the industrial bearing segment of the John Crane Group with three production sites in the US and one plant in Germany.
Jul. 2019 Acquired a 25.1% stake in the Upper Austrian company Voltlabor, a sister company of Nordfels GmbH.
Nov. 2019 Opened the new production site in Miba Drivetec India (MDI) in Pune, India.
Jan. 2020 Miba Automation Systems (MAS) has taken over a 49 percent share in the Burgenland machine builder "SEP Automation".
May 2022 Acquired a majority stake in battery specialist Voltlabor, which is now rechristened as "Miba Battery Systems".
Sep. 2022 The Company’s first battery plant, VOLTfactory #01, located in Bad Leonfelden, Upper Austria has officially been opened.

Supplemental Information 1