E30 Profile: Bonfiglioli
Wednesday, October 1, 2014
When it comes to NKY companies in growth mode, Bonfiglioli is near the top of the list. The company designs and manufactures innovative and reliable solutions for power transmission and control in the industrial, mobile and renewable energy sectors. Their mission is to encourage and promote sustainable and shared development worldwide, through dynamic, responsible, prompt and customer-oriented services.
The North America branch of the Bonfiglioli was founded in 1999, and has experienced significant growth over the past 15 years, making the Emerging 30 list six of the past 10 years. The company also was recently named to the Inc. 5000 list.
When asked what companies can do to achieve continual growth, Jennifer Panepinto, Marketing Director, gave this advice to business owners, “Have a clear vision of where you want to go as a company and put the right people in place to succeed.” Jennifer also said, “It is important to continue to move forward when faced with challenges, to not be afraid to make mistakes, and do it all with a smile.”
About the benefits of being an Emerging 30 honoree, she stated, “One of the greatest benefits is that the Northern Kentucky Chamber has been very supportive of Bonfiglioli, as well as all NKY businesses. It is reassuring to know we can rely on their help and expertise when needed. We are very proud to be part of Emerging 30.”
Bonfiglioli is also excited to start manufacturing in their Hebron plant in Q4 2014, which they believe will spur further growth. The new production line will produce about 24,000 gearboxes per year, to start, which will help Bonfiglioli greatly reduce delivery times, and offer faster service and repair. The new manufacturing line will bring two to three dozen jobs to the NKY region in the next year.
Written by Jerry Arrasmith, Arrasmith Promotions