James R Gaines Jr. Joins Doncasters’ Fastener Systems Division as Vice President of Finance

12 September 2013, Burton-upon-Trent, UK — James R Gaines Jr. has been appointed Vice President of Finance for the Fastener Systems Division according to an announcement from Ken Caratelli, President of the Fastener Systems Division.

As Divisional Vice President of Finance, Mr. Gaines will report directly to Mr. Caratelli and will work closely with Michael Schurch, Chief Financial Officer. His focus will be on driving business performance through an emphasis on daily and weekly KPIs as well as monthly and quarterly routines.

Most recently, he was Division Controller for the SPS Technologies division of PCC where he also previously served as Director of Finance in the PCC Airfoils Division. Other previous employers include Veyance Technologies where he held the position of North American Regional Controller and LaFarge North America where he was Area Financial Controller for the Great Lakes Division.

Mr. Caratelli commented, “We are pleased to have Jim on our Divisional Finance team. He is a determined financial leader who will challenge the business to achieve superior financial performance while providing strong leadership to the division’s finance function. Throughout his career, Jim has demonstrated the ability to drive performance through continuous improvement on the factory floor, as well as in the office. Please join me in welcoming him to Doncasters.”

Mr. Gaines holds a Masters of Business Administration from Lake Erie College, Painsville, Ohio and a Bachelor of Science, Accounting from Liberty University in Lynchburg, Virginia and has more than ten years’ experience in senior financial management roles.

About Doncasters Fastener Systems:

Doncasters Fastener Systems manufactures a wide range of fasteners, studs and related products for the transportation, energy, aerospace and industrial markets. Through six core manufacturing facilities, the Group supports its customers with everything from initial design through forging, high-volume manufacture and JIT delivery of precision fasteners produced from a wide range of materials including carbon steels, stainless steel, specially formulated alloys, inconel and pyromet. Additionally, Doncasters Fastener Systems is a leading manufacturer of weld stud fasteners, tension control fasteners, engineered components, ceramic ferrules and proprietary weld stud application systems for the construction, industrial, transportation and energy markets.

About The Doncasters Group:

The Doncasters Group is a leading international manufacturer of performance and tolerance critical engineering components for a variety of end market applications. Core manufacturing processes include precision casting, forging, fabrication, machining and production of superalloys. Key products include turbine airfoils, rings & casings, structural castings, compressor airfoils, combustion components and fabrications & exhausts for application in gas turbine engines, aerostructures and components for airframe applications, compressor and turbine wheels for the specialty turbocharger market, and ranges of fastenings for construction, industrial, truck, recreational and military markets. The company offers well-developed supply chain integration solutions, delivering complex assemblies and engine-ready components to its customers. Doncasters currently employs approximately 5,000 people in over 20 sites across the UK, Continental Europe, USA, China and Mexico. The Group has institutionalised lean manufacturing and Six Sigma principles throughout its operations.

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