Company News — Huntingdon County Chamber of Commerce

Bonney Forge Corporation Has Acquired BFE S.p.A.

04/08/2013 By Yvonne Martin Leave a Comment

Bonney Forge Corporation Has Acquired BFE S.p.A.

MOUNT UNION, PA, April 5, 2013 – Bonney Forge Corporation, a leading international manufacturer and marketer of industrial forged steel valves, cast steel valves, forged steel fittings, unions and branch connections, announced today that it has completed the acquisition of BFE S.p.A., an Italian manufacturer of industrial valves for applications primarily in the oil and gas industries, from Pegaso S.p.A., a subsidiary of Acciaierie Valbruna S.p.A. (the “Seller”).

Established in 1957 and headquartered in Albano Sant’Alessandro (Bergamo, Lombardy), BFE S.p.A. specializes in the design, development and manufacture of a comprehensive range of industrial valves for applications in the oil and gas, chemical, petrochemical and power industries. BFE’s product portfolio encompasses forged steel valves, API 6A valves, ball valves, cast steel valves, and pressure seal valves. Since 1987, BFE has held an exclusive license agreement to use the Bonney Forge trademark in markets outside of North America, and Bonney Forge has been the exclusive sales and marketing agent for BFE products in the U.S., Canada, and the Caribbean.

John Leone, Chairman and CEO of Bonney Forge Corporation, stated “The completion of this acquisition marks an exciting new chapter for Bonney Forge. This is an ideal strategic alliance between two experienced management teams with a long history of successfully partnering. BFE’s highly engineered products, key position as a premiere supplier in the international oil and gas industry, and exciting growth potential make it a compelling fit for our organization. We are confident our customers will benefit from the addition of BFE’s product offering and international manufacturing and distribution capabilities.”

BFE was acquired in a cash transaction. Other terms of the acquisition are not disclosed. Wells Fargo Securities, LLC acted as exclusive financial advisor to Bonney Forge. Lazard & Co. and UniCredit S.p.A acted as financial advisors to the Seller.

About Bonney Forge Corporation

Founded in 1876, Bonney Forge Corporation is a manufacturer and marketer of world-class, high quality forged steel fittings and unions, forged steel valves, cast steel valves and specialty products utilized in challenging operating environments. Bonney Forge serves multinational companies in the oil and gas, petrochemical, power generation, chemical manufacturing and general industrial piping industries.

Bonney Forge, headquartered in Mount Union, PA, has a fully-integrated forged steel fitting and valve manufacturing facilities. The Company owns WFI International, located in Houston, TX, which is a fully-integrated manufacturing operation specializing in made-to-order o-let fittings and engineered piping components. Bonney Forge’s international operation, Bonney Forge Shanghai, is a wholly-owned foreign enterprise and manufactures cast steel valves.

Filed Under: Blog Home, Company News Tagged With: Bonney Forge

Home Nursing Agency Behavioral Health Earns Accreditation

04/07/2013 By Yvonne Martin Leave a Comment

Home Nursing Agency Behavioral Health Earns Accreditation

Home Nursing Agency Behavioral Health Services proudly announces its approval of accreditation status by the Accreditation Commission for Health Care (ACHC).  The following services are accredited through March 2016: Day Treatment Services, Case Management Services, Intensive In-Home Services, Intensive Outpatient Treatment Services, Outpatient Treatment Services, Psychosocial Rehabilitation Services, Personal Support Services, Partial Hospitalization Services and Supervised Group Living Services.

Accreditation by ACHC reflects an organization’s dedication and commitment to meeting standards that facilitate a higher level of performance and patient care. ACHC is a not-for-profit accrediting organization that has stood as a symbol of quality and excellence since 1986.

 

“The accreditation of our behavioral health programs is a reflection of the professionalism and expertise of our staff, and more importantly, to their extraordinary commitment to serving the children, adolescents and adults living in our communities with highest high quality of behavioral health care,” said Robert Packer, Home Nursing Agency President/CEO. “Overall, Home Nursing Agency benchmarks itself with the top 20% of companies nationwide, which is why we voluntarily seek accreditation. It provides the credibility that we meet and exceed the standards of a national accrediting body like ACHC,” Packer added.

Home Nursing Agency is a United Way member organization.

Filed Under: Company News

Home Nursing Agency Receives Home Care Pulse Certification

03/12/2013 By Yvonne Martin Leave a Comment

Home Nursing Agency Receives Home Care Pulse Certification

Home Nursing Agency’s Private Duty Home Care program today announced that it has completed and received its Home Care Pulse Certification. Home Nursing Agency is now officially certified in home care quality by this program dedicated to the measurement of client satisfaction scores.

“We know that sometimes it is difficult to make care decisions when you don’t have specific experience with an agency.  It was our goal to provide families with the ability to make an informed decision, have tangible ways to measure quality and help them find a comfort level when choosing an agency to work with,” commented Aaron Marcum, founder of Home Care Pulse.

Home Care Pulse, a company which measures client and employee satisfaction, created the certification program to measure key satisfaction aspects of its in-home care delivery as well as the level of satisfaction of the caregiving staff.  Home Care Pulse believes that certifying agencies can both educate and help families to make better care decisions for their aging loved ones. 

“We are excited at the opportunity to obtain detailed information regarding our clients’ perception of the care that they are receiving,” commented Bill McManus, Home Nursing Agency vice president, operations support/vice president, Private Duty Home Care. “The feedback has allowed us to realize the areas where we are performing strong as well as some of the opportunities we have to improve the services that we provide. It was great to see that our satisfaction scores were so high compared to other agencies nationally within the northeast region.”

Home Nursing Agency’s Private Duty Home Care helps clients remain in the comfort of home while providing support, direction and peace of mind to family members. Various levels of support are available to residents in 11 counties throughout west central Pennsylvania, including Huntingdon County. Home Nursing Agency is a United Way member organization.

The Home Care Pulse Certification requires an agency to be reviewed monthly and includes the evaluation of areas such as loyalty, benchmarking improvements, client interviews and caregiver performance, to name a few.

“We want to congratulate Home Nursing Agency for becoming a Home Care Pulse Certified home care agency and commend their commitment to placing high priority on client satisfaction,” concluded Marcum.
To find out more about the Home Care Pulse Certification, please visit www.homecarepulsecertified.com

About Home Care Pulse

Home Care Pulse was launched in 2008 and is a company specializing in measuring and benchmarking client and employee satisfaction for private duty home care agencies.  Recently Home Care Pulse conducted the largest study ever performed on behalf of the private duty industry.  Home Care Pulse helps agencies promote and drive business, improve service quality and increase employee loyalty. Visit www.homecarepulse.com for more information.

About Home Nursing Agency

Founded in 1968, Home Nursing Agency serves all ages through home health, hospice, private duty home care, pediatric and behavioral health services. Home Nursing Agency employs more than 1,000 healthcare professionals who care for families with the mission of providing the highest quality of customer service with a sense of warmth, kindness and individual pride. Call Home Nursing Agency at 1.800.445.6262 or visit www.homenursingagency.com for more information.

Filed Under: Company News Tagged With: Home Nursing

Pennsylvania Business Central seeks to recognize region’s top business people

12/01/2012 By Yvonne Martin Leave a Comment

Each year, Pennsylvania Business Central recognizes those local business people who have made a major impact in their business, the local business community, and/or the community at large. They understand that it is the individuals, who make up the fabric of our business landscape and believe that those people deserve to be recognized.

They are now seeking nominations. Nominations can be for people from all levels of business, in any industry, from our 20-county coverage area. In the past, we have recognized leaders and trainers, educators, CEOs of corporations and of advocacy groups, presidents of universities, entrepreneurs, sales and marketing professionals, company owners and presidents, and much more. Once nominated, the staff at Pennsylvania Business Central selects the top 100. Those selected will receive notification of the honor and a brief profile that will be published in our Top 100 People issue on January 25.

PA Business Central appreciates all the help they receive in identifying these outstanding business professionals. Nominations can be made through their website: www.pabusinesscentral.com, or by contacting their editor, John Fulmer at jfulmer@pabusinesscentral.com, or by phone at 814-278-1323. Please provide the nominee’s name, company, title, and a brief description of why they deserve to be nominated.

Filed Under: Blog Home, Company News

HCCC Staff Receives Top Honors in 2012

12/05/2011 By admin Leave a Comment

Executive Director, Yvonne Martin was recently recognized in Pennsylvania Business Central’s inaugural Women Making a Difference issue. According to the US Department of Labor, women account for 47% of the total US labor force and many of these women are in crucial positions within businesses and organizations. With this in mind, the PA Business Central wanted to share the stories of successful women in their 16 county coverage area.

Chamber Membership Director, Mike Balchin, was recently selected as a distinguished business leader under the age of 40, whose work is making a difference in Pennsylvania Business Central’s 16 county region. The annual Foremost Under 40 article was published in the PA Business Central’s November 18 issue.

Filed Under: Blog Home, Company News Tagged With: Mike Balchin, Yvonne Martin
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