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Annual Report - Miba

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42<br />

In Europe, <strong>Miba</strong> Bearing Group was awarded a prestigious<br />

distinction. The Head Office in Laakirchen was voted<br />

“Supplier of the Year” by the Finnish Wärtsila Group, one<br />

of the leading manufacturers of high-capacity diesel<br />

motors. <strong>Miba</strong> Bearing Group is the first supplier outside of<br />

Finland, to whom this award was presented.<br />

In the preceding fiscal year, the decision to develop the<br />

commercial vehicle business from a niche to a core business took off at the Laakirchen<br />

site with the installation of a highly-automated modern production cell for small-scale<br />

bearing types. In the Product Development unit, the development of a new and more costefficient<br />

process for surface coating engine bearings deserves special mention. Investments<br />

in plant and product development give <strong>Miba</strong> Bearing Group a competitive edge<br />

against its competitors from abroad who are trying to gain a foothold in the European<br />

market.<br />

In the past fiscal year, a new and environment-friendly galvanizing plant was put into<br />

operation at the McConnelsville site. Cost advantages were gained by doing away with<br />

aggressive chemicals and the further treatment of the galvanized products in an ozone<br />

plant. This is the largest individual investment made in the history of the McConnelsville<br />

site.

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