Barnes Group

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

Barnes Group, Inc.
Company typePublic
Traded as
NYSE: B
S&P 600 component
IndustryIndustrial Technology and Aerospace Manufacturing
FounderWallace 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
ProductsIndustrial 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 assetsBarnes Family Assets $200M USD.
Number of employees
5000
Websitewww.onebarnes.com

It was founded in 1857 by the great-grandfather of Wallace Barnes, 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.

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