Published

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.
#regulations

Share

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.

RELATED CONTENT

  • Porsche Racing to the Future

    Porsche is part of VW Group and it is one of the companies that is involved in putting vehicles on the U.S. market with diesel engines in violation of EPA emissions regulations, specifically model year 2013–2016 Porsche Cayenne Diesel 3.0-liter V6 models.

  • China Targets 7 Million Annual NEV Sales by 2025

    The Chinese government is targeting annual sales of electric and plug-in cars at 7 million units by 2025—nine times last year’s volume.

  • Toyota Targets 2021 Launch for V2V Tech in U.S.

    Toyota Motor Corp. plans to expand its vehicle-to-vehicle communication technology to the U.S. by 2021 and offer it across most Toyota and Lexus models in the country by mid-decade.

Gardner Business Media - Strategic Business Solutions