Craft

Barnes

Revenue

$1.5 B

FY, 2023

Barnes Summary

Company Summary

Overview
Barnes Group is a company that provides industrial automation and engineering solutions. It operates through two business segments: Aerospace and Industrial. The Aerospace segment specializes in the manufacture of fabricated and precision-machined components and assemblies for turbine engines, nacelles, and structures for both commercial and defense-related aircraft. The Industrial segment designs and develops robotic grippers, end-of-arm tooling systems, and sensors, as well as offers hot runner systems, mold cavity sensors, process control systems, and precision high-cavitation mold assemblies.
Type
Subsidiary
Status
Active
Founded
1857
HQ
Bristol, CT, US | view all locations
Website
https://www.onebarnes.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Jay B. Knoll

    Jay B. Knoll, SVP, General Counsel and Secretary

  • Dawn Edwards
  • Tom Mepham, Interim CEO

    • Scott Anderson

    Operating MetricsView all

    Backlog (Aerospace OEM)

    $1.3B
    71.6%

    Q3, 2023

    Manufacturing Facilities Owned (Europe)

    9
    12.5%

    FY, 2022

    Manufacturing Facilities Owned (Central and Latin America)

    2

    FY, 2022

    LocationsView all

    15 locations detected

    • Bristol, CT HQ

      United States

      123 Main St

    • East Granby, CT

      United States

      7 Connecticut S Dr

    • Lansing, MI

      United States

      5300 N Aurelius Rd

    • Ogden, UT

      United States

      1025 Depot Dr

    • Phoenix, AZ

      United States

      3201 E Broadway Rd

    • West Chester, OH

      United States

      9826 Crescent Park Dr

    and 9 others

    Barnes Financials

    Summary Financials

    Revenue (Q3, 2024)
    $387.8M
    Gross profit (Q3, 2024)
    $128.4M
    Net income (Q3, 2024)
    ($2.1M)
    Cash (Q3, 2024)
    $80.7M
    EBIT (Q3, 2024)
    $41.8M

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