Bonney Forge Valve licensee BFE, headquartered in Italy, and its partner and licensor Bonney Forge Corp. in Mount Union, Pa., announced the acquisition of Alco di Castronno - Varese, Italy. BFE will integrate the Alco assets with the existing BFE forged-steel-valve-producing operations. Accordingly, Bonney Forge Corp has acquired the marks and name of ALCO. Moreover, the production of private-labeled valves at the former Alco plant has been discontinued.