ASI Drives Announces a New CEO, Douglas A. Fastuca

ASI Drives, a leading manufacturer of custom engineered gear drives since 1985, announced the appointment of CEO Douglas A. Fastuca effective December 3, 2018.

“We welcome Doug’s experience and leadership to the ASI team,” said Barney Berlinger, ASI’s founder and chairman. “We look forward to his operational and global business development leadership as we continue to pursue dynamic growth.”

“ASI is at the forefront of innovation in the gear drive business. I am honored to be a part of a talented organization that delivers such high quality and innovation to its customers.” stated Fastuca. He continued, “Barney and his team have built an exceptionally sound footprint for battery powered gear drive systems for the floor care, medical mobility and material handling markets. In addition, its recent launch of the FRED 2500 AGV shows that the business continues to solve complex problems for the industry.”

Mr. Fastuca joins ASI after a successful career as CEO, COO and CFO of several international public and private businesses, including those in the corrosion prevention, cable assembly, metallurgical, and private equity sectors. Mr. Fastuca also brings extensive experience with domestic and international business development.

Mr. Fastuca is a graduate of Bucknell University and earned an MBA from Harvard Business School.

About ASI
Founded in 1985, ASI Drives is a USA manufacturer of custom engineered gear drive solutions to the global medical mobility, floor care, material handling, warehouse automation and robotics industries. ASI’s relentless focus on innovation in engineering and manufacturing has led to the creation of numerous industry leading products and solutions such as the MARK 400, some of the most compact and efficient gear drives available, brushless motor technology, advanced gear processing, lubrications and now, an AGV. ASI is ISO 9001:2015 certified.