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Blue Chip Growth

Stock Report: Barnes Group Inc. (B) Report Updated: Jul 28, 2014 | Print This Page

Barnes Group Inc.© quotemedia

Company Profile

Barnes Group Inc. operates as an aerospace and industrial manufacturing and service provider serving a range of end markets and customers worldwide. The company operates in three segments: Aerospace, Industrial, and Distribution. 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 provides jet engine component overhaul and repair services for turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts and provides repair services for aircraft engine components. The Industrial segment supplies manufactured precision components for critical applications serving various end markets, such as transportation, energy, electronics, medical, and consumer products. It also produces various types of precision spring ranging from fine hairsprings for electronics and instruments to large heavy-duty springs for machinery, as well as precision-machined and fabricated components. In addition, this segment manufactures and supplies precision mechanical products, including mechanical springs, compressor reed valves, and nitrogen gas products. Further, it 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. The Distribution segment provides logistics support through vendor managed inventory and technical sales for maintenance, repair, operating, and production supplies, as well as engages in the design, assembly, and distribution of engineered supplies for the industrial base. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

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