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Casting Company Taps Former Key Safety Exec as CEO

Albion, Ind.-based Busche Performance Group has hired Joseph Perkins, formerly Key Safety Systems Inc.’s chief operating officer, as its new CEO.
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Albion, Ind.-based Busche Performance Group has hired Joseph Perkins, formerly Key Safety Systems Inc.’s chief operating officer, as its new CEO.

Based at Busche’s Southfield, Mich., tech center, Perkins will lead the company’s short- and long-term strategy in the newly created position. Founder Nick Busche will continue to serve as president and COO.

Busche supplies casting and machined components for chassis. Within 16 facilities in the U.S., the company has annual sales of about $400 million last year.

At Key Safety (now known as Joyson Safety Systems Inc.), Joseph Perkins led the company’s $1.6 billion acquisition of bankrupt airbag supplier Takata Corp. last year. Perkins previously was the chief financial officer of steering systems supplier Nexteer Automotive Corp.

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