Bon-Ace Fashion Tools, Inc.
1993 - 1995
BON-ACE (BONghanoy Arts Cum Engineering) began its business operation with a small nipa hut as a production area for the export business and with 8 employees. Mr. Ramir and Mrs. Gina Bonghanoy personally managed the business. BON-ACE started producing buttons for export to Italy, together with a machine shop that served as a contractor for many manufacturing firms and other projects locally. The company then rented a small area to house its machineries for the machine shop and administrative office for the export business.
1995 - 1998
BON-ACE struggled to succeed but with the values of its proprietor, the company passed the storm of trials and begun to grow bigger as sole proprietorship with the same office and shop location. BON-ACE expanded the business by producing and exporting fashion accessories like necklaces and bangles together with the button manufacturing business.
1998 - 2000
BON-ACE acquired a small property to house its growing workforce as the company started to join international trade fairs to showcase its fashion accessories line. Because of this international trade fairs, the company was able to expand its market to U.S.A. and other European countries.
2000 - 2003
BON-ACE, after several years of operation, joined forces with its major business partner in Italy, Mr. Mauro Gaspari, as a corporation. They changed the company name to Bon-Ace Fashion Tools, Inc. This is because the company then ventured into producing top quality components and parts that was being used to finish high end fashion accessories by top fashion houses in the world. It was also in this time that the company started to produce and export home interior accessories such as vases, pots, bowls, lamps, mirror frames, etc.
2003 - 2006
BON-ACE continued to join international trade fairs both for the fashion accessories and home interior decorations. With its expanding workforce, they acquired a much bigger facility to house the production area and administrative office for its export business. The company gained attention in the international market because of its dedication to quality and passion to product design innovation.
2006 - Present
BON-ACE with its bigger facility ventured into the manufacture of accent furniture like chairs, bookcases, coffee tables, loveseat, etc. still using the core values and design direction it originally has when it started. The company’s market has now expanded all over the world. Now, BON-ACE is growing its operation with its new concepts and ideas still capturing the taste of business partners from New York to Japan, from Italy to Russia.