Click here to close now.



Welcome!

News Feed Item

Bonal International Appoints New Leadership

ROYAL OAK, Mich., March 6, 2014 /PRNewswire/ -- Bonal International, Inc. (OTC: BONL) announced that the Board of Directors appointed Thomas E. Hebel as Chairman, President, and CEO of both Bonal International Inc. and its subsidiary Bonal Technologies, Inc.  Hebel was interim President for Bonal from April 2010 through December 2012.  During that time Bonal posted profits in all eleven quarters, averaged 17.3 percent net after-tax profit, and paid record dividends in each of the three fiscal years.  Hebel is a long time member of the Board of Directors and will celebrate his 40th anniversary with the Company in June 2014. 

"I am honored that the Board of Directors has selected me to lead Bonal into the next exciting era of the Company," said Thomas Hebel.  "Bonal's patented Meta-Lax® stress relief technology has achieved numerous record-breaking successes in the metalworking industry.  Switching to Meta-Lax® saves our customers time and money, while simultaneously improving stress relief quality over the 100-year-old heat-treat method. For Bonal, the next step forward will be to transform these numerous individual successes into comprehensive marketplace acceptance that, in turn, should increase corporate revenue and increase shareholder value.  In addition, I would also like to investigate improving the liquidity of our stock by listing Bonal on the Electronic Bulletin Board."

The Annual Meeting of Bonal's stockholders took place on February 12, 2014.  At that meeting two candidates, George Harrison and Harold Hebel, were nominated from the floor and elected to join the Board of Directors of Bonal International. 

George Harrison is a private investor, businessman, and retired tax and securities attorney.  He retired from his law firm in 1984 to concentrate on business and investments.  Harrison has an extensive background in venture capital, mergers and acquisitions, and has actively founded numerous private companies, some progressing to trade on NASDAQ.  He also founded an investment banking company in 1990.  From 1980 through 2001 he is credited with taking public more than 50 companies, including Bonal in 1990.  Harrison has served as Chairman, President, CEO, and Corporate Secretary for many public and private companies.

Harold Hebel, CPA, has a 15-year background in accounting, auditing and finance predominantly with an international public accounting firm.  His experience includes auditing both public and private companies in a variety of industries and has been an instructor for several accounting training courses.

George Harrison and Harold Hebel join the re-elected Board members including August G. Hebel, III, Betty Jean Hebel, John Hebel, Paul Hebel, and Thomas Hebel.

The Board of Directors on February 24, 2014 also appointed Paul Hebel as Vice Chairman, John Hebel as Secretary, and Harold Hebel as Treasurer and CFO.  Paul Hebel owns and operates a custom service machine shop which specializes in planer-mill machining; the very same machine shop where the Meta-Lax® technology was first invented.  John Hebel, a former employee of Bonal, currently is a senior buyer with a domestic automotive company. 

Further, the Board of Directors appointed Gregory Merritt as Vice President of Bonal Technologies.  Merritt has been with the Company for 23 years with over 20 years serving as Director of Marketing.

Bonal International Inc., through its wholly owned subsidiary, Bonal Technologies, Inc., is the patent holder and world's leading provider of sub-harmonic vibratory stress relief and weld conditioning technology.  Bonal provides three lines of equipment Meta-Lax® Stress Relief and Weld Conditioning, Pulse Puddle Arc Welding®, and Black Magic® Distortion Control, which are sold in the United States and more than 60 countries worldwide.  Headquartered in Royal Oak, Mich., Bonal serves the aerospace, automotive, defense, die casting, machine tool building, mining, molding making, power, racing, shipbuilding, and welding industries.  Bonal's Meta-Lax® technology is used for eliminating thermal stress in metal parts, thereby preventing warping and cracking, at a fraction of the time, energy, and monetary costs of competing technologies.  More information can be found at www.Bonal.com or by calling 1-800-Meta-Lax.

SOURCE Bonal International, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, will discuss how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved effi...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...