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Blue Chip Growth

Stock Report: Barnes Group Inc. (B) Report Updated: Jul 25, 2016 | Print This Page

Barnes Group Inc.© quotemedia

Company Profile

Barnes Group Inc. operates as an industrial and aerospace manufacturer and service provider serving a range of end markets and customers worldwide. The company operates in two segments, Industrial and Aerospace. The Industrial segment offers precision parts, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy, as well as personal care/health care industries. This segment also manufactures and supplies precision mechanical products, including precision mechanical springs and nitrogen gas products; high-precision punched and fine-blanked components, nitrogen gas springs and manifold systems, and retention rings; and high precision molds, valve gate hot runner systems, and system solutions. The Aerospace segment produces precision-machined and fabricated components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, overhaul, and repair services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts, as well as provides repair services for aircraft engine components. The company sells its products primarily through its direct sales force and global distribution channels. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.