Barnes Group

#300

Rank

$77.76B

Marketcap

Canada

Country

Leadership team

Mr. Thomas J. Hook (Pres, CEO & Director)

Mr. Patrick J. Dempsey (Exec. Vice Chairman)

Ms. Julie K. Streich (Sr. VP of Fin. & CFO)

Products/ Services

Aerospace, Manufacturing, Service Industry

Number of Employees

1,000 - 20,000

Headquarters

Bristol, Connecticut, United States

Established

1857

Company Registration

SEC CIK number: 0000009984

Net Income

20M - 100M

Revenue

Above - 1B

Traded as

Social Media

URL

https://www.barnesgroupinc.com

Overview

Location

Recognition and Award

References

Summary

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold assemblies for injection molding applications; provides force and motion control solutions for various metal forming and other industrial markets; and designs and develops robotic grippers, end-of-arm tooling systems, sensors, and other automation components for intelligent robotic handling solutions and industrial automation applications. In addition, it manufactures and supplies precision mechanical products, including mechanical springs, and high-precision punched and fine-blanked components used in transportation and industrial applications. This segment sells its products primarily through its direct sales force and distribution channels. The Aerospace segment produces fabricated and precision machined components and assemblies for turbine engines; and nacelles and structures for commercial and defense-related aircraft. It also provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and defense market; and manufactures and delivers aerospace aftermarket spare parts. This segment serves original equipment manufacturing industry. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

History

Barnes Group, Inc. is a global provider of a diversified range of industrial products and services with manufacturing and distribution facilities in the United States, Canada, and more than 15 other countries. The Company was founded in 1857, with a focus on manufacturing tools for blacksmiths. Over the years, Barnes Group has evolved from a leading manufacturer of production tools to a comprehensive supplier of industrial products and services.

Mission

Barnes Group Inc. is committed to unparalleled customer service and will strive to be a leader in its chosen industries though our dedication to innovation and total quality.

Vision

Barnes Group Inc. will take a leading role in pioneering new technologies and services to serve our customers worldwide.

Key Team

Ms. Marian Acker (Principal Accounting Officer, VP & Controller)

Mr. Stephen Geoffrey Moule (Sr. VP & Pres of Barnes Industrial)

Mr. William Pitts (VP of Investor Relations)

Mr. Lukas Hovorka (Sr. VP of Corp. Devel.)

Ms. Dawn N. Edwards (Sr. VP of HR)

Mr. Ian M. Reason (Sr. VP)

Mr. Michael V. Kennedy (VP of Tax and Treasury)

Recognition and Awards

In 2020, Barnes Group Inc. was recognized with several awards and honors. These included an Innovation Award from the Connecticut Innovation Summit, a Sustainable Award of Excellence from the Connecticut Green Manufacturing Summit, and inclusion in the 2019 Fortune 500 list.