Barnes Group

Barnes Group, Inc.
Type	Public
Traded as	NYSE: B; S&P 600 component
Industry	Industrial Technology and Aerospace Manufacturing
Founder	Wallace Barnes
Headquarters	Bristol, Connecticut, United States
Area served	Worldwide
Key people	Eddie Barnes (Deceased), Thomas O Barnes, heirs: Edith Grant, Regina Hackette, Ruth Barnes, Jack Barnes, Glenda Stone, and Byron Barnes
Products	Industrial and Aerospace Manufacturer
Revenue	US$1.3B (2022); US$1.3B (2021);
Net income	US$13.5 million (2022); US$99.9 million (2021);
Total assets	Barnes Family Assets $200M USD.
Number of employees	5000
Website	www.onebarnes.com

Short description: American Aerospace Company

Barnes (NYSE:B), legally Barnes Group Inc., is a global industrial technology and aerospace manufacturer and service provider.^[2]

It was founded in 1857^[1] by the great-grandfather of Wallace Barnes,^[3] who was appointed president in 1964, the same year in which the company added the Bowman Distribution Group to its Associated Spring enterprise. Two decades later, it became involved in the aerospace industry. As of 1991, the Barnes family owned a third of the company's stock; in that year, William R. Fenoglio - the first non-family member to hold the position of chief executive - took over from Barnes, leaving no Barnes' in the executive suite, though some remained on the board.^[3]

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Original source: https://en.wikipedia.org/wiki/Barnes Group. Read more

[bloomberg-1] 1.0 ^1.1 "Company Overview of Barnes Group Inc.". https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=254193.

[2] "Barnes Group Inc.". http://www.hoovers.com/company/Barnes_Group_Inc/rfrxti-1.html.

[Times_1991-3] 3.0 ^3.1 Cuff, Daniel. "Barnes Names a Chief From Outside Family". https://www.nytimes.com/1991/02/19/business/business-people-barnes-names-a-chief-from-outside-family.html.

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Barnes Group

Topic: Company

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