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June 27, 2013
Margaret Willie Leone's Obituary

Margaret Wilma “Willie” Leone, beloved wife, mother, and Nana, passed peacefully Monday afternoon at St. Luke’s Hospital in Bethlehem, Pennsylvania. She was surrounded by those who continue to love her most, her family.

Willie was born in Winnipeg, Manitoba, Canada, on September 3, 1935. She was the younger of two daughters of Margaret (née Bell) and William Cunningham. Her sister, Isabel, was 14 years her senior. She and Willie loved each other deeply. Willie became involved with figure skating early in her life. She earned her nickname as a young woman, while performing across the country with the Ice Follies. She was a graceful skater, known for her bright spirit. The Ice Follies also brought her to Pittsburgh, PA, where she met her husband, John A. Leone. He was the love of her life.

John and Willie were married in April 1956 in Bay City, Michigan. Together they raised a family of four children, John Richard, Susan Anne, Elizabeth, and Jennifer. Throughout their lives, they lived in many different places, including Pennsylvania, Venezuela, Illinois, Belgium, and Michigan. Willie made many dear friends and served as a gracious hostess everywhere she went. The Leones settled into their current home on Saucon Valley Road in 1984, but continued to travel the world together.

Willie was an important source of strength for John as he advanced in his career as a petroleum engineer and entrepreneur. She believed in him intensely, giving him the confidence to succeed. With Willie’s support, John eventually acquired Bonney Forge Corp, which has manufacturing operations in Mt. Union, PA, Houston, TX, Bergamo, Italy, and Shanghai, China. She also fully supported the family’s considerable philanthropy.

Willie is preceded in death by her eldest son, Rick Leone. She is survived by her husband, her children, Susan Leone, Elizabeth Almer, and Jennifer Slayton, sons-in-law Alan Svaboda, Charles Almer, and Mark Slayton, and her six grandchildren, Ellia, Kelsey, and Maddie Almer and Alyssa, Brett, and Elaina Slayton. They each have warm memories of her constant poise, sincere guidance, and quick wit, but most of all her fierce devotion to her family.

A memorial service will be held on Tuesday July 2nd at 11 am, at Church of the Assumption of the Blessed Virgin Mary in Bethlehem, PA, with a reception to follow at Saucon Valley Country Club. Another service will be held on Friday July 5th at 11 am, at St Catherine of Siena Church in Mount Union, PA, with a reception to follow at the Bonney Forge Lodge. In lieu of flowers, donations may be sent to the Alzheimer’s Association, the American Lung Association, The Grier School for girls, or the Pennsylvania State University College of Arts and Architecture Willie Leone endowed scholarship fund in music and dance.


June 24, 2013
Passing of Margaret Willie Leone

Passing of Margaret Willie Leone

Bonney Forge Corporation sadly announces the sudden passing of Mrs. Margaret Willie Leone. She became very ill and was hospitalized over this weekend and then peacefully passed into eternal rest today.

Born September 3, 1935, Willie Leone was 77 years old.

Margaret Willie Leone (Cunningham), was the wife of John A. Leone our President and CEO and the love of his life. They were loving partners in life for over 57 years.

Willie was not only John Leone’s princess and partner in life but she was also known for being an Ice Follies Princess in her earlier days.

Willie was the Leone Family Matriarch and she was known for her constant grace, love, and determination throughout her life both in good and bad times alike. She possessed a deep and abiding love for all of her family, was considered a great mother by her children, and a special grandparent who unconditionally loved all of her grandchildren.

Willie was the consummate host, a beloved and valued friend to all of us here at Bonney Forge/WFI/BFE and wherever she traveled. She will be greatly missed by each of us.

We would solicit your sympathy, thoughts and fervent prayers for all of those in the Leone Family.

Please understand that at the present time we do not have full understanding of the plans or details for memorial services and ask that you reserve contributions or flowers for a later time.

We expect many of our Bonney Forge family and friends will want to attend memorial services and we will keep you apprised of the details as they become available.


June 14, 2013
Passing of Fred Gilly

We regretfully announce today the passing of Mr. Fred Gilly, a key Bonney Forge, Engineering consultant who during his career held several important positions within our organization. He was an ever present asset to engineering, always Bonney Forge to the core and he represented the company on many boards including the MSS Conference.

Fred had an amazing lifetime, 67 year relationship with the Bonney Forge organization and started that connection with us before many of us were even born, on June 19, 1946.

Fred was 83 years young, born on September 20, 1929.

Although he will be sorely missed, he will not be forgotten and we all mourn his passing.


April 15, 2013
Bonney Forge Corporation acquires Bonney Forge Europe


April 5, 2013
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

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.

For additional information, contact 1-800-345-7546 or e-mail at newsroom@bonneyforge.com

(View PDF version here)


RP&C Acquired by Bonney Forge Corporation


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Michele Kester x2514   mkester@bonneyforge.com
Heather Doyle x2442   hdoyle@bonneyforge.com