Barnes Group Inc - Company Profile
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Barnes Group Inc (Barnes) is a manufacturer and marketer of aerospace and industrial components. The company offers engineered products, differentiated industrial technologies, solutions and services. Its 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. Its products and services utilized by various industries such as aerospace, automation, transportation, manufacturing, healthcare, and packaging. The company operates fabrication and machining operations facilities in the US and Singapore. It has business presence across the Americas, Europe, and Asia-Pacific. Barnes is headquartered in Bristol, Connecticut, the 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 |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Acquisitions/Mergers/Takeovers | In August, the company acquired MB Aerospace, a provider of precision aero-engine component manufacturing and repair services. |
2021 | Contracts/Agreements | In October, the company extended its agreement with ITP Aero for the manufacture of components and assemblies for the Trent XWB engine program. |
2021 | Contracts/Agreements | In April, the company signed a multi-year contract with Northrop Grumman for the production of major metallic subassembly for the B-2 spirit stealth bomber tailpipe mid/aft assembly full fleet replacement program. |
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 | Radnor | St. Louis | Devens |
State/Province | Connecticut | Quebec | Pennsylvania | Missouri | Massachusetts |
No. of Employees | 6,500 | 17,100 | 445 | 3,131 | 328 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Thomas O. Barnes | Chairman | Executive Board | 2014 | 74 |
Thomas J. Hook | Chief Executive Officer; President; Director | Executive Board | 2022 | 60 |
Julie K. Streich | Senior Vice President - Finance; Chief Financial Officer | Senior Management | 2021 | 52 |
Dawn N. Edwards | Senior Vice President - Human Resources | Senior Management | 2009 | 54 |
Stephen G. Moule | Senior Vice President - Barnes; President - Barnes Industrial | Senior Management | 2019 | 50 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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