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National Press Release
![]() | Bonal Technologies, Inc. CEO A. George Hebel III Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Finalist in the Central Great LakesPublished 2008-06-11 09:39By Bonal Technologies, Inc. |


Hebel's Ernst & Young Entrepreneur of the Year application noted some of
his accomplishments in taking innovative steps to grow the company. In 1985
just after the company was established, Hebel took an innovative step to take
Bonal Technologies, Inc. global, which was not as popular as it is today.
Since sales weren't strong locally, Hebel established a foreign sales agents
program. The company's first foreign sales agents were established in
Over the past five years, Bonal designed derivatives of the patented technology - Pulse Puddle for Arc Welding(R) for better welding and Black Magic(R) for smaller parts. The company is currently developing three distinct strategies for marketing and selling the three unique products.
Bonal has only tapped less than 1% of the market so the growth potential is phenomenal with 100,000 machine shops in the US and each one of them could use at least one of Bonal's products. Bonal's biggest market is to stress relieve metal parts that aren't currently stress relieved, which would make the parts last three times longer. Compared to heat treating, Bonal is 98% more efficient energy wise and is also more time efficient. Bonal's products are also friendly to the environment since they use less natural resources than one of the competing technologies - heat treating. Based on Department of Energy research one piece of equipment saves 32,000 barrels of oil over its lifetime of 10 years.
"I am proud to be among such an esteemed group of finalists and am pleased to increase awareness about the technology that helped to grow Bonal Technologies into what it is today," said Hebel. "We just announced the strongest results yet in our 24-year history so it makes the selection as finalist even more meaningful."
The Ernst & Young Entrepreneur of the Year awards program celebrates its 22nd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.
Regional award recipients are eligible for consideration for the Ernst &
Young Entrepreneur of the Year national program. Award recipients in several
national categories, as well as the overall national Ernst & Young
Entrepreneur of the Year award recipient, will be announced at the annual
awards gala in
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors. In the Central Great Lakes, sponsors include UHY Advisors and Smart Business Network.
About Bonal Technologies, Inc.
Bonal Technologies, Inc., a subsidiary of Bonal International, Inc.
(OTC: BONL) is the world's leading provider of sub-harmonic stress relief
technology for metal improvement solutions with more than 35 years of
expertise. Headquartered in
About Ernst & Young's Entrepreneur of the Year
Ernst & Young's Entrepreneur of the Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. For more information, please visit www.ey.com.
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
SOURCE Bonal Technologies, Inc.








