Former Mubea North America CEO Doug Cain has been named president and CEO of Michigan-based Unique Fabricating, Inc.
Former Mubea North America CEO Doug Cain (right) shares a light moment with Kentucky Secretary of Education Derrick Ramsey at one of the company’s apprenticeship graduation ceremonies. Cain was recently named CEO of Michigan-based Unique Fabricating (file photos).
Unique Fabricating, Inc. is a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial market.
Cain brings more than 30 years of leadership and operational experience with a relevant track record of success in high volume production environments.
Over the last 12 years, Cain served in a series of positions with increasing responsibility for the Mubea Group.
Mubea is a global market leader in the development and manufacture of automotive suspension, powertrain, and body components with innovative features that reduce vehicle weights, improve performance, and help protect the environment by lowering CO2 emissions.
Cain most recently served as CEO of Mubea North America, headquartered in Boone County, where he was responsible for the activities of 13 sites in the U.S. and Mexico, including manufacturing, supply chain, sales, and engineering.
“After conducting an extensive search that resulted in a number of highly qualified candidates, Doug Cain’s relevant expertise, including experience in the automotive industry and specifically working with all North American producing automotive OEMs and their tier 1 and tier 2 suppliers convinced the Board that he was the ideal candidate to be Unique Fabricating’s new CEO,” said Richard Baum, Chairman of the Board. “Doug brings the right vision, leadership experience, discipline, financial acumen and operational expertise to drive Unique Fabricating’s transformation forward.”
“The various roles I have held over three decades in diverse industries and in a variety of market conditions have positioned me well to lead turnarounds and create significant cultural changes to drive improved financial performance,” Cain said.
During Cain’s tenure, Mubea North America’s Northern Kentucky operation experienced significant growth.
The company opened the first tailor rolled blanks facility in North America, a $60 million plant. It was also just approved for economic incentives for a $73 million expansion of the facility that will add another 114 full-time jobs.
Cain also oversaw the implementation and expansion of German-based Mubea’s apprenticeship program into North America. The program provides educational opportunities and high-paying jobs for Kentucky students at no cost to them.
“I look forward to the opportunity of working with Unique Fabricating’s respected workforce, management team, and Board of Directors to provide superior value to all stakeholders through a passionate commitment to best-in-class product and service. These activities should result in expanded opportunities for our associates and in improved profitable growth, cash flow, and returns for our shareholders.”
Cain will begin in his new role September 30.
