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Who We AreFounded in 1857, Barnes Group Inc. (NYSE: B) is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. The highly engineered products, differentiated industrial technologies, and innovative solutions delivered by Barnes Group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world.
With approximately 4,500 dedicated employees, at more than 60 locations across the globe, Barnes Group continues to build on our long-standing tradition of excellence in precision manufacturing and logistics solutions while at the same time, investing in leading-edge technologies and applying our expertise in newer break-through markets.
What We DoBarnes Group operates under two global business segments – Industrial and Aerospace.
Our Industrial business is a global manufacturer of highly-engineered, high-quality 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. Focused on innovative custom solutions, Industrial participates in the design phase of components and assemblies whereby customers receive the benefits of application and systems engineering, new product development, testing and evaluation, and the manufacturing of final products.
Industrial designs and manufactures customized hot runner systems and precision mold assemblies - the enabling technologies for many complex injection molding applications. It is a leading manufacturer and supplier of precision mechanical products, including 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. Industrial is equipped to produce virtually every type of precision spring, from fine hairsprings for electronics and instruments to large heavy-duty springs for machinery.
Our Aerospace business is a global provider of precision-machined and fabricated components and assemblies for original equipment manufacturer (OEM) turbine engine, airframe and industrial gas turbine builders, and for the military. Aerospace also provides jet engine component overhaul and repair (MRO) services, including our Component Repair Programs (“CRPs”), for many of the world's major 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 (“RSPs”) 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.
Where We’re GoingBarnes Group fosters a “One Team, One Company” philosophy that drives our organization to continually improve and embrace change to meet business demand. Each of our business segments is backed by the support, resources, and financial stability of a large, global company while enjoying the opportunities and flexibility typically associated with a smaller entity.
Through organic growth and strategic acquisitions, Barnes Group Inc. has solidified its position as a global competitor in the worldwide marketplace, providing our customers with highly engineered, quality products/solutions and superior service.