According to Inside INdiana Business, a Spanish company has announced it will establish its first presence in the U.S. in Delaware County.
Miasa Automotive LLC will invest more than $1.4 million to locate its new production facility northeast of the City of Muncie at 3100 East, County Road 350 North, creating 12 new jobs.
Miasa Automotive LLC will manufacture gearbox components for New York-based Magna Powertrain, an international supplier of engine and driveline components to General Motors, Ford, Honda, Toyota and BMW.
Founded in Spain in 1968, Miasa (formally known as Mecanizados Industria Auxiliar, SA) designs, develops and produces gearbox components for vehicles through the casting and machining of light copper and aluminum alloy. The company, based in Pamplona, Navarra, currently exports its gearbox components, selector forks and transfer case actuators to Portugal, United Kingdom, France, Romania, Germany and Brazil.
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