| Barnes Group, Inc. | |
| Type: | Public |
| Traded As: | S&P 600 component |
| Founder: | Wallace Barnes |
| 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 |
| Industry: | Industrial Technology and Aerospace Manufacturing |
| Products: | Industrial and Aerospace Manufacturer |
| Assets: | Barnes Family Assets $200M USD. |
| Num Employees: | 5000 |
| Location City: | Bristol, Connecticut[1] |
| Location Country: | United States |
Barnes (NYSE:B), legally Barnes Group Inc., is a global industrial technology and aerospace manufacturer and service provider.[2]
It was founded in 1857 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.