Barnes Group Inc (Barnes) is a manufacturer and marketer of aerospace and industrial components. The company offers highly engineered products, differentiated industrial technologies, innovative solutions and services. Its products finds applications in aerospace, automation, transportation, manufacturing, healthcare and packaging industries. The company’s product and service portfolio include Molding Solutions, engineered components business units, automation, force and motion control, assemblies, original equipment manufacturer (OEM) business, maintenance repair and overhaul (MRO) services. It operates through a network of subsidiaries, technical service centers, manufacturing facilities, and sales and distribution centers across the Americas, Europe, and Asia. The company operates fabrication and machining operations facilities in Arizona, Connecticut, Michigan, Ohio, Utah and Singapore. Barnes is headquartered in Bristol, Connecticut, the US.

Headquarters United States of America

Address 123 Main St, Bristol, Connecticut, 06010


Telephone 1 860 5837070

No of Employees 5,100

Industry Aerospace and Defense

Ticker Symbol & Exchange B (NYSE)

Revenue (2020) $1.3B 12% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 57.6% (2020 vs 2019)

Market Cap* $1.8B

Net Profit Margin (2020) XXX 40.6% (2020 vs 2019)

* As of and is in US$

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Products and Services

Products Services Brands
Aerospace Spare Parts Maintenance Services Synventive
Jet Engine Components Repair Services Thermoplay
Precision-Machined Logistics Services Manner
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2020 Contracts/Agreements In September, the company’s business division Barnes Aerospace entered into a long-term agreement with GE Aviation for the manufacture of components for the LEAP engine program.
2020 Divestiture In February, the company completed the divestiture of its Seeger-Orbis (“Seeger”) business to the Kajo Neukirchen Group.
2019 Contracts/Agreements In December, the company signed an agreement to sell its Seeger-Orbis (“Seeger”) business to the Kajo Neukirchen Group.
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Competitor Comparison

Key Parameters Barnes Group Inc Bombardier Inc Triumph Group Inc Esco Technologies Inc American Superconductor Corp
Headquarters United States of America Canada United States of America United States of America United States of America
City Bristol Montreal Berwyn St. Louis Devens
State/Province Connecticut Quebec Pennsylvania Missouri Massachusetts
No. of Employees 5,100 13,400 701 2,700 326
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Thomas O. Barnes Chairman Executive Board 2014 73
Thomas J. Hook Chief Executive Officer; President Senior Management 2022 -
Julie K. Streich Chief Financial Officer; Senior Vice President - Finance Senior Management 2022 -
Patrick T. Hurley Senior Vice President; Chief Technology Officer Senior Management 2019 49
James C. Pelletier Secretary; Senior Vice President; General Counsel Senior Management 2020 44
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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