Doncasters Group Ltd., based in Burton upon Trent, UK, has made financial changes to allow for increased focus on precision casting and superalloys production. They are implementing a “new operating model” and will organize into two geographic divisions led by two managing directors, Jason Mays in the U.S. and Simon Ward in Europe.
CEO of Doncasters Group Ltd.
“This is a significant positive development for Doncasters, our people, customers and suppliers. The agreement we have reached with our lenders will provide the necessary stable platform for DGL to deliver on its future strategy,” said CEO Jas Sahota of the agreement. Ownership of the group will transfer to the senior lenders, which is expected during Q1 2020.
Doncasters’ casting operations —including Certified Alloy Products, Doncasters Precision Castings – New England, and Doncasters Southern Tool, all in the U.S. — are investment casting plants producing aerospace and industrial gas turbine parts, aerospace structural castings, and more.
The superalloy business produces vacuum- and air-melted ferrous, nickel-base, and cobalt-base superalloy bar stock used to cast and fabricate turbine blades and vanes and other components for aerospace engines and land-based gas turbines, hot-end turbocharger wheels, medical prostheses, and other components requiring high metallurgical integrity.
Photo Credit: Foundry Management & Technology
