Doncasters look to fasten ASMP to group
UK based Doncasters Group announced at the Paris Airshow today that it has signed a letter of intent to purchase Automatic SMP (ASMP), a recognised manufacturer of internally threaded fasteners & precision components. If acquired, ASMP will become an integral part of the growing aerospace fastener business for Doncasters.
Doncasters currently provides aerospace OEMs with precision manufactured turbine airfoils, rings & casings, structural castings, compressor airfoils, combustion components and fabrications & exhausts for application in gas turbine engines, as well as aerostructures and components for airframe applications. With the addition of ASMP, the Group will expand the breadth of their offering to include internally free spinning and locking nuts required for critical aerospace applications.
Managing director Ken Caratelli said: “ASMP offers a robust combination of broad based manufacturing processes, proven quality systems, low cost in-country sourcing and supply chain management. Because of this, aerospace customers have routinely found ASMP to be a strong supply chain partner — allowing them to quickly and securely consolidate their vendor base.” He added that, “this is a consistent strategy with our fastener systems division so we’re very confident ASMP can integrate seamlessly as we advance our aerospace fasteners offering.”
