Connect Spring 2019 | Page 8

PROFILE NO ONE WAS INJURED in the fire, but the Wrightsville and sustained loyalty are vital to the foundry’s success. They’ve foundry was completely damaged. Reported as one of the maintained sales, which required incredible coordination and city’s largest fire losses in history, Donsco faced a long road support on behalf of Donsco’s customers and competitor found- to stabilize its operations and totally rebuild its Wrights- ries that took on production. The entire Donsco team is looking ville foundry. As a single-source provider of machined iron castings, the company operates two foundries—the second in Mount Joy—to produce short-run and longer-running gray, ductile, and alloyed iron castings up to 150 pounds. With more than 330 employees, Donsco is a major employer in the town along the Susquehanna River, and it supports other, smaller businesses. Brothers Art Mann Jr., President, and Don Mann, Executive Vice President, remain steadfast to their family’s business and commitment to the area—to rebuild, keep momentum behind the town, and make it a better place. THE LONG ROAD TO RECOVERY Donsco’s employees eagerly await the foundry in Wrightsville to come online by late spring this year. Employees have worked long hours for fire clean up, restoring the foundry to typical operations, and managing workflow before reopening. It will look different, with translucent fiberglass walls that allow forward to the foundry being back online—and restoring their commitment to quick client response and short lead times. � A new network. In the face of losing clients, Donsco’s lead- ership built relationships with other foundries, creating an informal network to support the workload should another fire occur. These foundries now have a contingency plan should they ever face major disruption. � Clear communication and support. Throughout the process, Art Mann Jr. says he was reassured by the support from other foundries, from the insurance company, and from Donsco’s commercial bank, Sterling National Bank. “Even through friendly competition with other foundries, people want to help you succeed,” Mann says. � Stable working relationships. In the process of managing clients, outsourcing work, and rebuilding, Mann says it’s been a relief to have a supportive relationship with Sterling. natural light to filter in and create a glow at night. And the phys- ical structure isn’t all that has transformed after the fire. Through many long hours and tedious processes, the Donsco “Since the beginning of our relationship, Sterling has under- stood our business and where we have value. They’ve worked team managed to outsource its client work to six other found- with us to figure out what financing we need and how to struc- ries. With the help of business interruption insurance, they ture it,” Mann says. “After the fire, they made us feel comfort- kept payroll going for employees; the employees’ skills, talents, able and enabled us to focus on the rebuild.” Sterling National Bank’s expertise in asset-based lending helps clients strategize for the future and grow their businesses. Contact your Relationship Manager to learn more. DONSCO AT A GLANCE Donsco’s two foundries support a longstanding, diversified group of customers that serve an array of end-use industries, including water systems, agriculture, construction, rail, and oil and gas. For exclusive online content, visit connect.snb.com/donsco. 8 SNB.COM // CONNECT STRATEGY SPRING 2019 // RANKED ONE OF FORBES' BEST BANKS OF 2019