Barnes Group Inc. operates as an international industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. Segments The company’s segments include Industrial and Aerospace. INDUSTRIAL Industrial is a global manufacturer of precision parts, products and systems for critical applications serving a diverse customer base in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy. Products are sold primarily through its direct sales force and global distribution channels. Industrial designs and manufactures customized hot runner systems and precision mold assemblies - the enabling technologies for many complex injection molding applications. It is a manufacturer and supplier of precision mechanical products, including precision mechanical springs and nitrogen gas products. Industrial also manufactures high-precision punched and fine-blanked components used in transportation and industrial applications, nitrogen gas springs and manifold systems used to precisely control stamping presses, and retention rings that position parts on a shaft or other axis. In 2013, the company acquired the Männer Business, which engages in the development and manufacture of high precision molds, valve gate hot runner systems, and system solutions for the medical/ pharmaceutical, packaging, and personal care/health care industries. The Männer Business includes manufacturing locations in Germany, Switzerland and the United States, and sales and service offices in Europe, the United States, Hong Kong/China and Japan. AEROSPACE Aerospace produces precision-machined and fabricated components and assemblies for original equipment manufacturer (OEM) turbine engine, airframe and industrial gas turbine builders throughout the world, and the military. Aerospace also provides jet engine component maintenance overhaul and repair (MRO) services for various turbine engine manufacturers, commercial airlines and the military. MRO activities include the manufacture and delivery of aerospace aftermarket spare parts, including the revenue sharing programs under which the company receives an exclusive right to supply designated aftermarket parts over the life of the related aircraft engine program, and component repairs. Its customer is General Electric. Research and Development The company spent approximately $15 million in 2013 on research and development activities. Dispositions In 2013, the company completed the sale of its Barnes Distribution North America business (BDNA) to MSC Industrial Direct Co., Inc. (MSC). Significant Events Associated Spring, a business of Barnes Group Inc., announced the opening of its new Innovation and Technology Center (AS ITC) in Plymouth, Missouri. History Barnes Group Inc. was founded in 1857.
barnes group inc (BG4:Berlin)
123 Main Street
Bristol, CT 06010
|Actuant Corp||$23.54 USD||+0.33|
|Carpenter Technology Corp||$37.02 USD||+0.68|
|CIRCOR International Inc||$50.09 USD||+0.54|
|CLARCOR Inc||$63.92 USD||+1.13|
|EnPro Industries Inc||$60.07 USD||-0.41|
|View Industry Companies|
Sponsored Financial Commentaries
To contact BARNES GROUP INC, please visit www.BGInc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.